View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
February 5, 2020

BitPay to enable invoice payments from all Bitcoin wallets

Cryptocurrency payment service BitPay is set to introduce a new service that will enable BitPay invoice payments from all Bitcoin wallet or exchanges.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

The company has already initiated a phased rollout of the service.

The move is driven by merchant feedback as it will enable them to accept payments from wallets of their choice. It is expected to drive sales for the merchants as well as help them to expand their customer base.

Also, the merchants can participate without any additional technical implementation.

On the other hand, it allows consumers to use any wallet to make transactions.

BitPay CEO and co-founder Stephen Pair said: “We listen to and rely on feedback from our customers and support merchants and consumers who want the ability to decide how they accept Bitcoin payments.

“Providing consumers and merchants the freedom to choose how they engage in commerce has always been one of our goals.”

Established in 2011, BitPay enables businesses accept cryptocurrency payments. It is also engaged in developing an open source platform to support other applications of Bitcoin.

The company has raised more than $70m in funding to date.

In December last year, BitPay launched stablecoin payments service for merchants and consumers globally.

Accordingly, it now accepts Circle’s USD Coin, the Gemini Dollar and Paxos Standard Token stablecoins for payments.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International