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BitPay Expands Cryptocurrency Options with 100+ New Additions
(Originally posted on : Crypto News – iGaming.org )
BitPay has enhanced its cryptocurrency payment services, introducing support for over 100 new cryptocurrencies. This move allows customers to make payments using a wider range of coins and tokens, both online and in-person, through the BitPay app. The upgrade includes popular community-driven assets like Uniswap (UNI), Binance Coin (BNB), Chainlink (LINK), Cronos (CRO), VERSE (VERSE), Basic Attention Token (BAT), among others.
The company’s CEO, Stephen Pair, emphasized BitPay’s commitment to simplifying crypto payments. “These updates and all of the newly supported assets mark an invitation to crypto customers: pay for what you need and splurge on what you want,” he said.
The updated BitPay invoicing system offers a more intuitive payment process, with features like a simplified payment UI, WalletConnect 2.0 for connecting web3 wallets, automatic asset and balance detection, and dark mode for customer invoices. Additionally, invoices can be sent directly to the BitPay Wallet app for easy transaction completion.
BitPay’s expanded services provide diverse payment options. Customers can pay directly from their wallets at top merchants like Newegg, Jomashop, PacSun, Gucci, Ralph Lauren, and AMC Theatres. The platform processes payments from various wallets, enhancing flexibility.
Moreover, BitPay now offers a bill pay feature, enabling customers to use crypto for credit card bills, car payments, loans, mortgages, and other debts. This service is available online and through the BitPay Wallet app, eliminating the need for bank accounts or offramping.
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Customers also have the option to buy gift cards with crypto for over 250 brands and stores via the BitPay app or Chrome extension. These gift cards can be used immediately, saved for later use, or given as gifts.