Last month, CNP (Card Not Present) hosted a webinar with BitPay's Chief Commercial Officer Sonny Singh and APMEX's CFO Doug Sterk titled Attack CNP Fraud & Chargebacks with Blockchain Payments.

bitpay-apmex-cnp-webinar

In addition to talking about how blockchain payments can help with credit card fraud and chargebacks, Sonny and Doug spoke about how BitPay has helped APMEX grow as a business. Examples included the following:

  • APMEX has done over $50M in bitcoin sales since partnering with BitPay less than two years ago.
  • 51.7% of APMEX's bitcoin sales have been from new customers.
  • APMEX Customers have paid with bitcoin from 30 different countries.
  • APMEX has dealt with zero chargebacks from bitcoin sales.
  • BitPay settles to APMEX the next business day in USD which protects them from any risk of price volatility.
  • BitPay only charges a 1% fee per transaction without monthly minimums, support costs, etc.

You can watch the full webinar below:


If you're interested in learning more about how blockchain payments can help your business with credit card fraud and chargebacks, check out our e-book.