Back in December 2017 Bitpay has announced that they will be adding another payment options aside from Bitcoin. And now they finally adopt Bitcoin Cash for their Bitpay PoS app.
Bitcoin Cash is steadily growing in popularity among users and businesses. And now Bitpay adds support for BCH in their “Checkout point-of-sale (POS)” mobile application to adapt to such a change in the crypto market.
This development allows users to make payments with Bitcoin Cash. Users will be able to generate new payment codes using just a smartphone. The companies who use Bitpay Checkout PoS were formerly constrained to Bitcoin only, but now the larger market share BCH will compete with the main blockchain for the superiority in real-world market.
In addition to the app update, Bitpay announced other features fro Bitcoin Cash support. The company plans to add ability to pay straight with BCH, without first converting it to a dollar value. This will allow users to settle the bills without any exchange commission and to keep their funds in BCH, and for businesses to accept payments in BCH and store the coin without converting into BTC or USD, like they have to do now.