On January 6, Bitcoinpay has made an announcement stating that it is introducing Litecoin payment support as a necessary alternative to Bitcoin payments. As it was stated, Litecoin payments have faster confirmation and transaction fee costs a few cents.
Bitcoin and Litecoin average transaction fee charts
The users can start accepting Litecoin payments by registering on beta.bitcoinpay.com.
This beta version is stated to be built on a new API tailored for acceptance of various cryptocurrencies, advanced refunds, automated invoice extensions, and custom settings.
Beta functionality includes:
- Zero processing fee till August 31, 2018
- IPN and email notifications
- transaction history with sorting, filtering, search and export
- settlement report
- 2 factor authentication
- API keys management
- Instant conversion to FIAT currencies with next day bank settlement
Moreover, the company plans to maintain major changes including re-branding of new GUI and support of additional cryptos in the second half of 2018.