A startup from Atlanta, United States that is founded by Anthony Gallippi.
Global Reach
BitPay allows businesses to accept payments from customers worldwide, broadening the potential customer base beyond local markets.
Multiple Cryptocurrency Support
BitPay supports various cryptocurrencies including Bitcoin, Bitcoin Cash, and Ethereum, providing flexibility for both merchants and customers.
Security
Utilizes blockchain technology for secure transactions, reducing the risk of fraud and chargebacks.
Instant Conversion
Automatically converts cryptocurrency payments to local currency, protecting businesses from cryptocurrency volatility.
User-Friendly Interface
The platform offers a clean and intuitive user experience, making it easy for merchants to set up and manage payments.
Integration Options
Provides various APIs and plugins that integrate easily with major e-commerce platforms like Shopify, WooCommerce, and Magento.
BitPay is generally considered a good option for those looking to accept cryptocurrency payments due to its ease of use and robust set of features. However, user experiences can vary, and it may not be the perfect fit for everyone, particularly those who prioritize decentralization or have specific privacy concerns.
We have collected here some useful links to help you find out if BitPay is good.
Check the traffic stats of BitPay on SimilarWeb. The key metrics to look for are: monthly visits, average visit duration, pages per visit, and traffic by country. Moreoever, check the traffic sources. For example "Direct" traffic is a good sign.
Check the "Domain Rating" of BitPay on Ahrefs. The domain rating is a measure of the strength of a website's backlink profile on a scale from 0 to 100. It shows the strength of BitPay's backlink profile compared to the other websites. In most cases a domain rating of 60+ is considered good and 70+ is considered very good.
Check the "Domain Authority" of BitPay on MOZ. A website's domain authority (DA) is a search engine ranking score that predicts how well a website will rank on search engine result pages (SERPs). It is based on a 100-point logarithmic scale, with higher scores corresponding to a greater likelihood of ranking. This is another useful metric to check if a website is good.
The latest comments about BitPay on Reddit. This can help you find out how popualr the product is and what people think about it.
Plenty of software solutions like https://bitpay.com/ do this. Source: over 2 years ago
Also, both Crypto.com and Bitpay offer a debit card that can be loaded using crypto. It's actually quite convenient, but just understand that 1) once the money is in, you can't get it out, and 2) you can't use the card to purchase crypto (lol). And a bit of a pro tip, if you're looking to load one of these cards with, let's say, a few thousand dollars, make sure to swap your ETH to a stablecoin (i.e. USDC, USDT,... Source: over 2 years ago
Can you message me the invoice ID? Once received, I will contact you from bitpay.com Support Channel. Source: over 2 years ago
1) Easiest: use a 3rd party API like BitPay. Downside: they charge a 1% + $0.25 for every payment. Source: over 2 years ago
For example, an article on a crypto forum about how a particular company is 'accepting Bitcoin' will not point out that in most cases, the company in question is not actually accepting crypto, but instead partnering with an intermediary exchange who will accept crypto, convert it to fiat, and then pay the company. This is also the case with Paypal. They're lauded as now allowing people to buy/sell crypto, but in... Source: over 2 years ago
Https://bitpay.com/ You can buy small amounts that way using crypto. I've bought Amazon & Walmart from them. Source: almost 3 years ago
Mobile Wallets Personally, I made the mistake of using one on a rooted / jailbroken android phone once and almost got everything compromised up to and including personal gmail accounts, crypto accounts, etc. I personally DO NOT recommend using anything that is mobile first / only. Its simply too vulnerable of an attack vector. If you absolutely have to, the only one I can possibly recommend... Source: almost 3 years ago
Hmmm, I think what you want is someting like bitpay.com. Source: almost 3 years ago
There's already millions of merchants accepting Bitcoin via Paypal, Poof, Square, Bitpay, Coinbase, and so on. Source: about 3 years ago
They're advertising "Buy, store, swap and spend cryptocurrency all in one app." We all know what the easiest, quickest, and safest way to spend form your app is. Source: about 3 years ago
Shout out to CryptoMib on Twitter for the post. When I saw it, I thought to myself how is this going to work with a card? Upon checking there website where I see them advertising what appears to be a digital wallet "Buy, store, swap and spend cryptocurrency all in one app." Did they say spend? From an app? Source: about 3 years ago
Concerning testnet bitcoin for example, there are a lot of websites that could be a problem but I have heard reliable people in the space recommend bitpay.com so when they recommend certain testnet bitcoin sources, I assume that they are okay. At least someone who knows software well can verify it. Source: about 3 years ago
Bitpay - Buy, store, swap and spend cryptocurrency all in one app Https://bitpay.com. Source: about 3 years ago
Bitpay is another application which allows you to add funds to your wallet using bitcoin and other cryptocurrencies. These funds can then be used to complete payments on apps that do not generally accept cryptocurrency, such as Amazon. Source: about 3 years ago
BitPay support Bitcoin, Ethereum, Bitcoin Cash, Shiba Inu, Dogeoin Litecoin, XRP, Dai, Wrapped Bitcoin, and Stablecoin holders can now pay for food deliveries with BitPay. Source: about 3 years ago
BitPay's Vice president of Marketing Merrick Theobaid Vueling recognizes the potential of cryptocurrencies to transform the airline industry by making payments faster, more secure, and less expensive on a global scale. Source: over 3 years ago
Accepting cryptos as complicated, you can write your code for it and manage address or you can use a third party crypto payment gateway like payid19.com, bitpay.com etc.easiest way use a payment processor. Source: over 3 years ago
Accepted coins include many you likely know (even if you've been actively avoiding the crypto scene) like Bitcoin (BTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Ethereum (ETH), Litecoin (LTC), Shiba Inu (SHIB), Wrapped Bitcoin (WBTC), and several stable coins that are pinned to the USD โ including USDP, BUSD, DAI, USDC, and GUSD. The functionality is being supported via a partnership with BitPay, a well-known app for... Source: over 3 years ago
I never gave bitpay.com my information required by govt. I still have like $100 in BTC in my bitpay acct, I cant transfer it until I fill out my gov'ment info. Source: over 3 years ago
Perhaps I'm using the wrong word, but you'd be correct. It's a platform that lets you generate invoices with cryptocurrencies, accept the payments and transfer that to the currency on the fly, therefore taking all the value risk instead of you. Bitpay is a pretty popular choice. Source: over 3 years ago
First one to pop in my head was Bitpay since they accept DOGE and have options for business owners to use. Source: over 3 years ago
BitPay has emerged as a prominent player in the world of cryptocurrency payment gateways, often synonymous with innovation, reliability, and efficiency. As a pioneer in the space, BitPay has been consistently recognized for its ability to protect users from the inherent volatility of cryptocurrencies, locking in exchange rates at the time of transactions to ensure recipients receive the intended amount. This robust feature has been particularly highlighted in reviews, positioning BitPay as a preferred solution for businesses of various sizes seeking to integrate cryptocurrency payments.
BitPayโs standout features broadly endorse it as a leading payment processor within the crypto community. Its flat 1% settlement fee for crypto-to-fiat bank conversion is notably advantageous when compared to traditional credit card processing fees of approximately 3%. The platform's commitment to simplicity and security is evident through its open-source wallet, which facilitates secure global transactions without exposing users to identity or fraud risks associated with traditional payment methods.
Moreover, BitPay's global presence and reliability are reflected in its partnerships with notable brands across varied industries, such as airlines and retail companies. These collaborations highlight BitPayโs capability to deliver secure and expedited payment solutions, enhancing its credibility as a dependable service provider.
On discussion forums and blogs, BitPay is frequently lauded for the versatility and convenience of its products, such as its mobile wallet and crypto debit card. However, users have expressed concerns about the usability of these tools, particularly emphasizing the risks associated with storing significant funds in mobile-based wallets, which are commonly viewed as less secure "hot" wallets.
Additionally, the platformโs approach to handling regulatory compliance has seen mixed reactions. While some users appreciate the security and assurance offered by BitPayโs adherence to regulations, others express discomfort with providing personal information necessary for certain transactions, reflecting a broader tension within the crypto community regarding privacy versus regulatory compliance.
In the competitive landscape of cryptocurrency payment solutions, BitPay distinguishes itself through a combination of history, service breadth, and strategic partnerships. With competitors like Coinbase, CoinGate, and NOWPayments also vying for market dominance, BitPayโs trusted reputation and comprehensive service offering provide it with a noticeable edge. This is particularly evident in its ability to support a broad range of cryptocurrencies, including stablecoins, thereby appealing to a diverse user base and facilitating mainstream adoption.
Overall, BitPay is perceived as a well-established and pivotal player in the crypto payment industry, consistently delivering on its promises of security, efficiency, and ease of use. Its proactive strategies in addressing market demands, coupled with its commitment to providing localized solutions to a global audience, reinforce its standing as a go-to platform for both merchants and consumers looking to engage in the burgeoning crypto economy. While privacy and usability concerns persist among some users, BitPayโs continuous innovation and responsiveness to user feedback portend a favorable trajectory in the competitive landscape of cryptocurrency payment processing.
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