BitPay Plans to Have "One Million Merchants Taking Bitcoin by the End of 2016"
Bitcoin merchant processing company BitPay has been on quite a roll. They have been making news on a consistent basis since signing WordPress as the first major international merchant to accept Bitcoin back in November of 2012. CCN decided to catch up with BitPay's Vice President of Marketing, Stephanie Wargo, to learn more about where BitPay and Bitcoin are, and where they're headed as we look forward to 2015. Evander: Can you provide some history of how BitPay started? What are it's origins? Stephanie: BitPay was founded in May 2011 by co-founders Tony Gallippi and Stephen Pair. Stephen....
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Atlanta, Georgia-based bitcoin is taking a huge step forward in making it easy for merchants to sign up with their payment processing service. Today, the company has announced a new pricing plan, or we should probably say the lack thereof. BitPay's going partially free. Basic payment processing will cost merchants nothing, no matter how many transactions they handle. And this isn't a one-time/limited-time promotion. BitPay says it's the model they're going with from now on. By doing so, BitPay is effectively obliterating the barrier to entry for new merchants. They currently offer....
BitPay Inc, one of Bitcoin's lead payment processing companies, has just announced that it has surpassed 10,000 merchants. BitPay now provides services to merchants in 164 countries with approximately 50% in North America, 25% in Europe, and 25% in the rest of the World. During the month of August, BitPay processed over 10,000 transactions reaching a total value of over $6.4 million. As Bitcoin is becoming more mainstream many merchants are looking for expedient ways to sell products for BTC and BitPay is on the radar. With a Year-to-date in 2013 of over $34 million worth of bitcoins, a....
Atlanta, Georgia-based BitPay has beefed up their presence in their San Francisco office with some new key hires that hope to bring the company into future financial success. The company has picked up Sonny Singh previously worked for Jumio, a payments company. Singh will be serving as BitPay's chief commercial officer. Gregg Zigler, who was previously with PayPal, will be working as a senior developer at BitPay. And if you thought the hires from big financial companies were over, you're well mistaken. https://www.youtube.com/watch?v=JP_I9zNRpEo. BitPay has also picked up Steve Pratt from....
One of bitcoin's leading merchant processors, BitPay, has introduced a new pricing plan that makes its basic level of service free and unlimited. The new plan allows merchants unlimited use of any plugin, API or app from the BitPay library and access to the company's email support. BitPay executive chairman Tony Gallippi framed the announcement as one that would support the company as it seeks to meet its ambitious merchant enrollment goals: "We have set a goal to enroll 1 million merchants by the end of 2016. When we started BitPay in 2011, we saw an opportunity to finally give merchants....
On the tails of Bitcoin Black Friday, BitPay Inc. announced a new record of processing 55,288 of bitcoin merchant transactions in November. BitPay continues to sign on new merchants daily and most recently released a new merchant pricing model and merchant directory. Taking the lead in the payment processing space in the Bitcoin community, BitPay also brought on Virgin Galactic as a merchant to go as far as facilitate the acceptance of Bitcoin for flights to outer space! BitPay onboarded over 3,000 merchants and also worked with Shopify to integrate BitPay into its checkout process to....