Bitcoin continues to build momentum into 2014 with no signs of slowing. As more and more retailers take the cryptocurrency seriously, many are looking at accepting Bitcoin as a form of payment in the new year. Enter BitPay, a solution for Bitcoin payments used by companies such as Zynga and Shopify.
Much like Bitcoin, BitPay has had exponential growth in the past year as more and more people see value in making payments with Bitcoin. For retailers looking for ways to separate themselves from the pack, Bitcoin may pave the way. For the basics on Bitcoin, I recommend reading our article Bitcoin: What is Bitcoin and why should I care?
For the history of BitPay check out this infographic below:
A few more fun facts about BitPay:
- More than 15,000 merchants are already using BitPay
- Over $100 million in transactions
- Used in 200 countries
- Some NBA teams will be accepting Bitcoin with BitPay in the near future for ticket purchases
- BitPay has developed a payroll API for business