The mode of payment is now evolving around cryptocurrency as one of the future means of online payment. One of the most popular means of payment is the very own BitPay. A Bitcoin payment service provider that enables people can make online purchases. In other words, BitPay is known to be a globally trusted payment service that offers users a seamless online purchase platform with the use of their Bitcoin or Bitcoin Cash.
Going further, BitPay is commonly known as an automated payment processing system. That makes use of payment protocol wallets such as Bitcoin (BTC), and Bitcoin Cash (BCH). This allows both personal and business users to make use of Bitcoin as a form of payment to make online payment transactions. The payment processor is acceptable anywhere for payment and donations from your online customers. However, It offers you two major products line either for Business or Personal use.
BitPay For Business and Personal Use
Curious about how the payment platform works? The payment service provider works just as easily as when you can make payments using your debit card, credit card, or even your PayPal account. There are two categories on the platform. They include;
- For Business: when you join the particular aspect of the BitPay, it’s global use for business and eliminates any means of fraud with no chargebacks or ID theft. It’s actually trusted by thousands of businesses all around the world. Whereby offering you an online payment acceptable to your website and also features like billing and in-store.
- For Personal: You can also use the platform individually by spending it on online stores to purchase items. Also, send & service funds with your BitPay Wallets and the Card and other benefits attached.
However, these are the two main functions of the payment service provider and you can join thousands of businesses and individuals already making use of BitPay for free.
Is BitPay Free?
Yes, using BitPay for whatever transactions (business or personal) you’d like to use it for is totally free. And you also do not have to pay to access whatever you want on the site. The only thing you’ll be charged for on the Bitpay payment platform is transactions. for every transaction made on the platform, a fee of 25¢ regardless of the rate at which the transaction made is charged.
How to Get Started
Getting Started with Bitpay is totally easy. However, to get started with Bitpay, you need to create an account. Don’t know how to go about that? Below is an outlined guide you can follow;
- Visit www.bitpay.com/signup/ to create an account.
- Select the type of account you want to create (BitPay Merchant, ID, or Debit Card).
- Provide the required details, and follow the onscreen steps to complete your sign-up.
- With that, you have successfully created an account. And you can now manage your transactions using the payment platform.
Also, you can control all your activities directly from your mobile phone. With the use of the payment service provider app from the iOS app store or the Google Play Store.