Archive | merchant services

Bitpay Starts Implementing Bitcoin Payment Protocol Invoices Decreasing Wallet Support

This week the cryptocurrency payment processor Bitpay implemented the BIP70 Payment Protocol into their debit card bitcoin-to-dollar-load invoices. According to the company, the feature will prevent common payment errors and offer better security against man-in-the-middle attacks. Also Read: Hit BTC Introduces Deposit Charges to Deal With High Bitcoin Fees Using the Payment Protocol to Prevent […]

Square Cash App Users Trial New Buy and Sell Bitcoin Feature

The San Francisco-based financial services company and merchant services aggregator, Square, has launched a new pilot feature on the Square Cash app that allows users to buy and sell bitcoin. Also Read: Fed Chairman Alan Greenspan: “Bitcoin is What Used to be Called Fiat Money” Payment Giant Square Pilots a Buy, Sell and Hold Bitcoin Feature  […]

Bitpay Sprints Towards Processing $1B Bitcoin Payments Annually

The global bitcoin payment service provider, Bitpay, has released a progress report that details the company’s payment volume has grown exponentially this year by 328 percent. The Atlanta-based company founded in 2011 says it’s steadily approaching US$1B in bitcoin payments processed annually. Also read: Goldman Sachs Contemplates Creating a New Bitcoin Trading Operation Bitpay’s Payment Volume […]

Suspension Lifted: Japanese Exchanges and Merchants Resume Bitcoin Services

Japanese exchanges have resumed bitcoin deposits and withdrawals after suspending them on July 23. These exchanges are members of the Japan Cryptocurrency Business Association (JCBA). Merchant services were also suspended, causing Japanese retailers to halt taking bitcoin payments during that time. Also read: Thousands of Japanese Stores May Suspend Bitcoin Payments on August 1 The July […]

Top 7 Bitcoin Merchant Services

In the world of bitcoin and cryptocurrency, there is a growing demand for merchant services. Quite a few companies offer payment processing capabilities, although some enterprises have a much bigger name compared to the rest. It appears the number of merchant service providers continues to increase, which is a positive development. More competition in this […]