Brave Wallet and BitPay Join Forces for Streamlined Online Crypto Payments
(Originally posted on : Crypto News – iGaming.org )
BitPay, the world’s largest provider of bitcoin payment solutions, has announced the integration of the BitPay Protocol into Brave Wallet, the cryptocurrency wallet provided by the privacy-focused Brave browser. This integration enables Brave Wallet users to effortlessly and securely make cryptocurrency payments directly from their browser.
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Brave Wallet customers may now shop at a variety of online and offline businesses, including popular names such as Newegg, APMEX, PacSun, AMC Theatres, and airBaltic, thanks to this new feature. Users can make crypto payments from their Brave Wallet for ordinary purchases, travel expenses, or large-ticket products. BitPay provides support for a wide range of major cryptocurrencies, allowing Brave Wallet users to conduct transactions using their favorite digital money.
The BitPay Protocol, which was first established in 2017, is critical in providing accurate and dependable payments. The protocol establishes a high standard for payment quality in the bitcoin business by removing typical payment exceptions like as overpayments, underpayments, late payments, unconfirmed payments, and potential double-spends. Maintaining payment accuracy becomes increasingly critical as the crypto market expands and attracts new consumers.
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“BitPay applauds Brave’s adoption of the BitPay Protocol,” said Stephen Pair, BitPay CEO. “With the hard work and dedication of the Brave team, we are able to promote payment quality online and in-store for both customers and merchants wanting to leverage the benefits of crypto payments.”
“With this new integration from BitPay, we’re expanding the utility of Brave Wallet and making it easier than ever for our users to spend their crypto on real world goods and services,” said James Mudgett, VP of Web3 products at Brave.
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Brave Wallet, a cryptocurrency wallet incorporated into the Brave web browser, provides users with a safe and versatile alternative for storing their digital assets. Brave Wallet allows users to buy, receive, and send numerous crypto assets over multiple blockchain networks in addition to making cryptocurrency payments. The wallet also enables for the import of non-custodial wallets, real-time tracking of cryptocurrency values, coin swaps, and interaction with Web3 decentralized applications (DApps). Brave Wallet is available on desktop and mobile devices as a core component of the Brave web browser, including versions for Android, iOS, Linux, and PC platforms.
About BitPay
BitPay was founded in 2011 and is considered to be one of the first companies in the bitcoin market. BitPay, a pioneer in blockchain payment processing, is dedicated to transforming the way consumers and companies exchange, receive, and safeguard their assets. The company’s comprehensive suite of business solutions addresses challenges such as fraud chargebacks and excessive payment processing costs while also enabling seamless cross-border bitcoin payments. BitPay also serves customers with its all-in-one digital asset management solution, which includes the BitPay Wallet and BitPay Prepaid Card. This allows users to turn their digital assets into money, which can then be spent at tens of thousands of companies around the country. BitPay has successfully obtained offices in North America, Europe, and South America.
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About Brave
Brave Software’s fast and privacy-focused browser, supported by its blockchain-powered digital advertising platform, is revolutionizing the internet experience for consumers, publishers, and advertisers. The browser allows users to participate in privacy-protecting advertisements that reward them with Basic Attention Token (BAT), a token similar to frequent flyer miles. Users can exchange BAT for cash, tip content creators, or donate it to publishers. Brave is at the vanguard of Web3 adoption, actively integrating Web3 technologies into the broader web ecosystem via its privacy browser, independent search engine, and browser-native, multi-chain cryptocurrency wallet. Brave currently has over 57 million monthly active users and over 1.7 million developers on its platform.
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