Bitpay
Operating in most countries worldwide, BitPay enables merchants to take payment in the form of cryptocurrency. The payment processor converts Bitcoin, Bitcoin Cash, Ethereum, and other leading digital currencies into over 150 conventional, central-bank currencies. It does this without exposing merchants to any price fluctuation volatility or chargebacks and has no identity fraud risk to the customer. Consumers pay with the cryptocurrency wallet of their choice on desktop or mobile phone by simply scanning a QR code at the merchant’s checkout.
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Get in touchWhy Bitpay
BitPay has been providing secure cryptocurrency processing since 2011, recording peak processing volumes in excess of USD $1 billion annually (ICLG).
Worldwide, an estimated 425 million people hold cryptocurrency (Bitcoin.com), with some currencies growing by over 200% a year.
Ninety-three percent of retailers that support crypto say doing so has had a positive impact on their business (Deloitte/WSJ).
Specifications
Coverage
Currencies
Features
How it works
At online checkout, the consumer selects BitPay as their preferred payment method
The consumer is redirected to a Bitpay-hosted payment page and logs in to their BitPay account
After the consumer selects their wallet and preferred cryptocurrency, a payment invoice + QR code is generated
The consumer selects 'Open in wallet', or scans a QR code, to complete the payment using their crypto wallet