Download the BitPay App to securely send, receive and store cryptocurrency. Buy and exchange crypto all in one app. Frost & Sullivan Names BitPay as Company of the Year Recently we learned that Frost & Sullivan, a leading market research and consulting firm, has named BitPay Company of the Year in the alternative payments space. We’re honored to be recognized as a category leader in our industry, and we wanted to share some of the reasons why we were chosen.
- Blockchain, a Bitcoin wallet and block explorer provider with 41 million users, announced today that it is has integrated with BitPay. And that means Blockchain users can now make seamless Bitcoin.
- BitPay Enables Merchant Payments From Any Bitcoin Wallet. BitPay Taps Simplex to Make BitPay App an All-In-One Solution. BitPay Launches XRP Payments as Major Merchants Sign On. OneGold Launches Brand New, State-of-the-Art Mobile App. Eden Doniger Joins BitPay to Lead Legal and Compliance Department.
ATLANTA & DALLAS--(BUSINESS WIRE)--BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, today announced the rollout of Dogecoin payments for merchants and consumers. An early adopter of cryptocurrency, the Dallas Mavericks will be the first to accept Dogecoin. Mavs Fans for Life (MFFLs) can now use Dogecoin to buy tickets and merchandise online, making Mavs merchandise more accessible to MFFLs everywhere. The Dallas Mavericks have been accepting Bitcoin as a method of payment for game tickets and merchandise for almost two years.
“The Dallas Mavericks are a long-time enthusiast of cryptocurrency, opening up new opportunities for the team to sell tickets and merchandise to its global MFFL fan base,” Stephen Pair, CEO of BitPay, said. “BitPay believes that with continued cryptocurrency adoption, the industry is reaching an inflection point that will forever change consumer confidence, trust and pave the way for blockchain payments to disrupt the way consumers and businesses receive and spend funds.”
With fans in mind, the Mavs use BitPay to process all cryptocurrency purchases including tickets and merchandise with all top cryptocurrencies including BTC, BCH, ETH, USDC, GUSD, PAX and BUSD and now DOGE. The ability to accept crypto expands a business’ sales opportunity into international markets where accepting credit cards is not practical while reducing high fees and increasing payment transparency and efficiency. BitPay enables businesses to accept cryptocurrency as a form of payment without having to buy, own or manage crypto. The potential global market is huge and combined with the market capitalization for crypto approaching a trillion, the market opportunity for crypto is ideal.
“The Mavericks have decided to accept Dogecoin as payment for Mavs tickets and merchandise for one very important, earth shattering reason, because we can! Because we can, we have chosen to do so. We have chosen to do so because sometimes in business you have to do things that are fun, engaging and hopefully generate a lot of PR. So we will take Dogecoin, today, tomorrow and possibly forever more. For those of you who would like to learn more about Dogecoin we strongly encourage you to talk to your teenagers who are on tik tok and ask them about it. They will be able to explain it all to you,” shared Dallas Mavericks owner, Mark Cuban.
Dogecoin is a decentralized, peer-to-peer digital currency with a $6 billion market cap that enables customers to easily send money online. It makes an ideal payment method with a large supply and low price facilitated efficient micro-tipping content.
About BitPay
Founded in 2011, BitPay celebrates its 10th birthday this year as one of the oldest cryptocurrency companies. As a pioneer in blockchain payment processing, the company’s mission is to transform how businesses and people send, receive, and store money. Its business solutions eliminate fraud chargebacks, reduce the cost of payment processing, and enable borderless payments in cryptocurrency, among other services. BitPay offers consumers a complete digital asset management solution that includes the BitPay Wallet and BitPay Prepaid Card, enabling them to turn digital assets into dollars for spending at tens of thousands of businesses. The company has offices in North America, Europe, and South America and has raised more than $70 million in funding from leading investment firms including Founders Fund, Index Ventures, Virgin Group, and Aquiline Technology Growth. For more information visit bitpay.com.
BY USING THIS CARD YOU AGREE WITH THE TERMS AND CONDITIONS OF THE CARDHOLDER AGREEMENT AND FEE SCHEDULE, IF ANY. This card is issued by Metropolitan Commercial Bank (Member FDIC) pursuant to a license from Mastercard International. “Metropolitan Commercial Bank” and “Metropolitan” are registered trademarks of Metropolitan Commercial Bank ©2014.
Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated.
ATLANTA--(BUSINESS WIRE)--BitPay, the largest global blockchain payments provider, today introduces the BitPay Card, the first Mastercard® Prepaid card for crypto users in the United States. The BitPay Card enables customers to instantly convert cryptocurrency into fiat currency, which is then loaded onto the card and can be spent anywhere Mastercard debit is accepted around the world. Customers can also use their cards online for purchases and to withdraw cash from ATMs.
“The BitPay Card offers new benefits and features for consumers making it easier to convert Bitcoin and other cryptocurrency into a spendable balance without currency risk,” said Stephen Pair, co-founder and CEO of BitPay. “We are excited to work with Mastercard to expand crypto’s use, while making it easy for businesses to attract new customers who want to spend Bitcoin and offer more places for customers with Bitcoin to shop.”
The BitPay Card offers a safe, smart, and fast way to convert crypto to fiat currency without conversion fees. The card features an EMV chip that provides added security and is contactless-enabled for payments. The BitPay Card requires the BitPay mobile app and can empower cardholders to reload their card, view transaction history and manage card settings on the go. The BitPay Card supports BTC, BCH, ETH, XRP and stable coins USDC, GUSD, PAX and BUSD. Funds are made available to cardholders in minutes, without having to wait on an exchange to transfer funds. The BitPay App not only tracks and manages card spend, but also allows you to purchase crypto and gift cards from popular brands. Applicants for the BitPay Card must be at least 18 years old and successfully complete identity and residency verification. To sign up, visit bitpay.com/card.
“At Mastercard, we’re committed to offering differentiated financial services to consumers on a global scale,” said Sherri Haymond, executive vice president, Digital Partnerships at Mastercard. “We’re excited to be working with BitPay to offer consumers greater choice and flexibility when it comes to managing their finances.”
“We’re honored that BitPay is using Galileo’s flexible APIs to power its BitPay Card, making it easy for customers to pay for purchases with bitcoins wherever Mastercard debit cards are accepted,” added Galileo Financial Technologies CEO Clay Wilkes.
About Metropolitan Commercial Bank
Metropolitan Commercial Bank®, The Entrepreneurial Bank, is headquartered in New York City and operates full-service banking centers in Manhattan; Boro Park, Brooklyn; and Great Neck, Long Island. The parent company, Metropolitan Bank Holding Corp., is a publicly traded company. The common stock of Metropolitan Bank Holding Corp. is listed on the New York Stock Exchange (NYSE) and trades under the ticker symbol “MCB.” Metropolitan Commercial Bank is a New York State chartered commercial bank, an FDIC member and an equal opportunity lender.
Metropolitan Commercial Bank is also an established leader in digital payments and one of the fastest growing U.S. issuers of virtually every type of debit card and keeping pace with rapid industry evolution and the trend towards mobile payment apps and all that FinTech has to offer.
For more information visit: www.MCBankNY.com.
Bitpay Card News
About BitPay
Founded in 2011, BitPay is the pioneer and the most experienced company in Bitcoin and blockchain payments. Its suite of products enables businesses to send and receive cross border payments, also enabling consumers to manage digital assets with the BitPay Wallet and turn digital assets into dollars with the major network-branded reloadable cards. The company has offices in North America, Europe, and South America and has raised over $70 million from leading investors including Founders Fund, Index Ventures and Aquiline Technology Growth. For more information visit https://bitpay.com
Bitpay News
This card is issued by Metropolitan Commercial Bank (Member FDIC) pursuant to a license from Mastercard International Incorporated. “Metropolitan Commercial Bank” and “Metropolitan” are registered trademarks of Metropolitan Commercial Bank ©2014. Use of the Card is subject to the terms and conditions of the applicable Cardholder Agreement and fee schedule, if any.