At BitPay, our mission has always been clear: to make cryptocurrency payments as easy, accessible, and convenient as possible for both merchants and customers. We're constantly evolving, striving to break new ground in the world of cryptocurrency payments. Today, we're excited to share our latest advancements that further this mission.
What's New at BitPay?
Expanded Cryptocurrency Support: We now support over 100 cryptocurrencies, significantly broadening the scope of payment options. This expansion means BitPay now supports over 90% of the total market cap in cryptocurrency, welcoming a vast community of potential customers.
Enhanced User Interface: We've upgraded our UI for a more seamless payment experience. This intuitive design simplifies transactions, making it easier and quicker for customers to complete their payments.
WalletConnect 2.0 Integration: Embracing the latest in wallet technology, we've integrated WalletConnect 2.0. This update expands our network of compatible wallets, offering greater flexibility and convenience in payment options.
These updates are automatically enabled for current BitPay merchants - no action is required by Merchants.
How These Updates Benefit You and Your Customers
Broader Market Reach: With support for over 100 cryptocurrencies, your business can now attract a wider audience, tapping into a diverse customer base eager to use their preferred cryptocurrencies.
Smoother Transactions: The improved UI ensures a frictionless payment process, enhancing customer satisfaction and encouraging repeat business.
What Remains Unchanged: BitPay's Core Offerings
While we're excited about these new features, we're proud to say that the core aspects of BitPay that our merchants love remain unchanged:
Never touch crypto: Merchants never have to hold or manage cryptocurrency payments. Get settled in your preferred fiat currency, maintaining the simplicity you're accustomed to.
No Fraud Chargebacks: With cryptocurrency, he risk of fraud chargebacks is eliminated, offering peace of mind.
Universal Wallet Support: We continue to support practically any crypto wallet, ensuring that no customer is left behind.
Diverse Coin and Chain Options: Offering payment options for top coins and chains, including Lightning Network payments, we cater to a wide range of communities.
Versatile Payment Channels: Our platform reaches millions of customers, providing unparalleled access. Integrate BitPay within your ecommerce platform, email billing, or physical store locations.
Competitive Fees: Our transaction fees remain lower than traditional credit card fees, offering cost-effective solutions to reach the crypto community and build your customer base.
Global Reach: With access to countries and territories around the world, BitPay maintains its global footprint, connecting merchants and customers worldwide.
Not a BitPay merchant? Contact us to get started.
Taking the Next Step in Crypto Payments
These updates mark a significant milestone in our journey. They reflect our dedication to innovation and our commitment to providing the best possible service to our merchants and their customers. Join us as we continue to pave the way in making crypto payments a mainstream choice for businesses and consumers alike.