In early 2011, BitPay was founded in order to tackle Bitcoin’s volatility problem for merchants.
A store would lose $10 if it receives $100 worth of bitcoin, and the Bitcoin price drops 10% before the store cashes out. BitPay’s Bitcore, API, and Insight are open source tools that are free for anyone to use.Īs a merchant, Bitcoin’s volatility makes it hard to accept payments. If a merchant chooses to retian 50% of income as Bitcoin, half of each payment will be converted to fiat, and half settled via wire transfer to the merchant’s bank account. Withhold any percent of income as bitcoin.With support for all desktop operating systems, iOS, Android, and Windows Phone, Copay is the perfect Bitcoin wallet for use across multiple platforms. In addition to merchant tools, BitPay offers an open source Bitcoin wallet called Copay. Bitcoin Checkout makes it easy for merchants to accept Bitcoin payments from phones or tablets.
Bitpay api for android#
Mobile Apps for Android and iOSīitPay’s Bitcoin Checkout applications are available in the App Store and Play Store. Support for 30+ CountriesīitPay offers settlement to bank accounts in over 30 countries: Australia, Austria, Belgium, Bulgaria, Canada, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Great Britain, Greece, Hungary, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Mexico, Monaco, Netherlands, New Zealand, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, South Africa, Spain, Sweden, Switzerland, and the United States.
Bitpay api full#
For a full list of integrations visit BitPay’s website. 40+ IntegrationsīitPay’s merchant tools have been integrated with a number of existing payment processors, including Shopify, PayPal, and wooCommerce. There is no risk of chargebacks, credit card fraud, or scams. No Chargebacksīitcoin payments are irreversible, which means accepting Bitcoin with BitPay is like accepting cash. Because Bitcoin payments are global, using BitPay allows merchants to accept digital payments from customers around the globe. Payments are settled in fiat currency at the end of each day or week. Accept Bitcoin with BitPayīitPay’s merchant processing charges a flat 1% per transaction. BitPay allows merchants to accept Bitcoin without the need to worry about volatility, or the conversion from bitcoin to fiat. BitPay became the first Bitcoin payment processor when it was founded in 2011.
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