Product BitPay, Payment Protocol (BIP-70), and Our Users' Bitcoin Payment Experience UPDATE, 04/06/2022: BitPay supports Bitcoin Lightning Network payments. While Lightning Network is not technically part of the payment protocol spec, it acheives the same goal by creating a strong connection between
BitPay’s Perspective on Segwit2x Last week BitPay published an advisory1 regarding a double spend risk2 for developers using non-Segwit compatible nodes of our Bitcoin development platform Bitcore3. We recommended that these developers mitigate double-spend risk by installing
Product BitPay Launches Payment Protocol Support Payments to BitPay merchants just got a lot easier. Today, we are launching support for the Bitcoin Payment Protocol. The Bitcoin Payment Protocol (as specified in BIPs 70 - 73) eliminates a lot
Product Enhancements to BitPay Over the weekend, we rolled out several enhancements and new features to our world-leading bitcoin merchant service. Improved Checkout Experience We’ve taken feedback from our merchants and their customers and redesigned our
Product Update on BitPay Exchange Rate Calculations Effective immediately, we have temporarily stopped using Mt. Gox for determining the exchange rate for our invoices. The rate calculation that we use for each invoice is now as follows: Pull the full
Team BitPay Expands Staff to Seven Full-Time Employees ATLANTA — April 22, 2013 — BitPay Inc., the world's leading payment processor for bitcoin, announces it now has seven full-time employees working in its Atlanta office, using the funding from its seed round in
Engineering Applying Late Transactions to Guaranteed Rate Invoices Over the past week, many transactions coming from bitcoin account service Coinbase were arriving many hours- and sometimes several days- after the buyers had attempted to send the transactions. The account service had
Engineering Bugs and Forks Last night BitPay's servers started huffing and puffing. At first we thought we might have had a database corruption issue, but on further inspection we realized that one of our Bitcoin nodes seemed
Product BitPay Adds Google Authenticator, 7 New Countries for Direct Bank Deposit We have added support for Google Authenticator for those merchants looking for an extra layer of security on their merchant accounts. Users can enable the new Google Authenticator feature on their BitPay.com
Product New, Lower Fees for International Bitcoin Payments We have lowered our processing fees for all merchants outside the United States who wish to receive direct deposits into their bank accounts. The new rates are 2.99% and are all-inclusive for
Product WordPress e-Commerce Bitcoin Plugin: Now Available BitPay has released a bitcoin payment plugin for WP E-Commerce, which is the most popular ecommerce plugin for WordPress. The plugin is now available for download with our other open-source bitcoin payment plugins.
