BitPay

BitPay is a leading cryptocurrency payment service provider that enables businesses and individuals to seamlessly integrate and utilize digital currencies for various financial transactions. Established in 2011, the company has consistently expanded its offerings to accommodate the growing adoption of cryptocurrencies.

BitPay's core product is a payment processing platform that allows merchants to accept cryptocurrency payments from customers. The platform supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and several stablecoins. Merchants can choose to receive settlements in either cryptocurrency or their preferred fiat currency, providing flexibility and mitigating volatility risks.

The company offers ecommerce integrations, enabling businesses to incorporate cryptocurrency payment options into their online storefronts seamlessly. BitPay's plugins and APIs are compatible with popular ecommerce platforms like Shopify, WooCommerce, and Magento, facilitating a smoother integration process for merchants.

For individual users, BitPay provides a mobile app and a non-custodial cryptocurrency wallet. The BitPay Wallet allows users to securely store, buy, swap, and spend various digital assets. Additionally, BitPay offers a cryptocurrency debit card, the BitPay Card, which enables users to spend their cryptocurrencies like traditional debit cards at merchants worldwide.

Key customers and partnerships

BitPay has established partnerships with several notable companies across various industries, enabling them to accept cryptocurrency payments. Some of these partnerships include:

- AT&T: BitPay enables AT&T customers to pay their mobile bills using cryptocurrencies.

- Newegg: The electronics retailer accepts cryptocurrency payments through BitPay for online purchases.

- Microsoft: BitPay facilitates cryptocurrency payments for various Microsoft products and services, including Xbox gift cards.

- Get Your Guide: Through this partnership, BitPay users can book travel experiences and tours worldwide using cryptocurrencies.