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BitPay is a cryptocurrency payment service provider headquartered in Atlanta, Georgia, United States. [2] [3] It was founded in May 2011 by Tony Gallippi and Stephen Pair. [4] [5] BitPay provides crypto payment processing services for merchants. [6]
Common services are cryptocurrency wallet providers, bitcoin exchanges, payment service providers [a] and venture capital. Other services include mining pools, cloud mining, peer-to-peer lending, exchange-traded funds, over-the-counter trading, gambling, micropayments, affiliates and prediction markets.
A payment service provider (PSP) is a third-party company that allows businesses to accept electronic payments, such as credit card and debit card payments. PSPs act as intermediaries between those who make payments, i.e. consumers, and those who accept them, i.e. retailers. [1]
Merchants accepting bitcoin, such as Dish Network, use the services of bitcoin payment service providers such as BitPay or Coinbase. When a customer pays in bitcoin, the payment service provider accepts the bitcoin on behalf of the merchant, directly converts it, and sends the obtained amount to merchant's bank account, charging a fee of less ...
No business, he says, is seriously going to forgo the multitrillion forex market to try and pay people in crypto instead—especially since the spreads are often much wider.
The latest financing officially makes the Salt Lake City, Utah-based provider of crypto tax and accounting software a unicorn, with a valuation of $1.33 billion. It also brings the startup's total ...
The XRP Ledger (XRPL), [1] [2] [3] [4] also called the Ripple Protocol, [6] is a cryptocurrency platform launched in 2012 by Ripple Labs.The XRPL employs the native ...
Circle's mobile payment platform, Circle Pay, allowed users to hold, send, and receive traditional fiat currencies, [19] until being slated for discontinuation in 2019. Up until December 2016, Circle Pay also operated as a Bitcoin wallet service to buy and sell Bitcoins. [20] [21] [22] It has since ceased to provide such service. [23]