BitPay adds Bitcoin Cash support for Checkout PoS app

Bitpay adds support for Bitcoin Cash payments, and new features for BCH settlement coming soon
23 April 2018   746

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.

BitPay to Add Ethereum Support

The company will implement Ethereum support on BitPay Visa prepaid debit cards and allow merchants to accept coin as a mean of payment
17 September 2019   223

BitPay cryptocurrency processing will add support for Ethereum in the coming weeks. Merchants will be able to accept a coin as payment, and users can store it in their wallet.

BitPay is consistently at the forefront of using cryptocurrency to solve real-world problems and offer our global customers the best options to accept and pay with multiple blockchain assets. As one of the largest crypto currencies by market cap and one used by thousands of companies, Ethereum is the next logical choice.
 

Stephen Pair

CEO of BitPay

The company will also implement Ethereum support on BitPay Visa prepaid debit cards.

It is exciting to see BitPay leading the way in integrating Ethereum into global payment systems. This truly opens up a new world of possibilities for the Ethereum ecosystem, and together we can continue to be a leading innovator for real world use cases for cryptocurrencies.
 

Vitalik Buterin
Founder and creator, Ethereum

At the moment, the service supports Bitcoin and Bitcoin Cash, and also offers merchants settlements in stablecodes USDC, GUSD and PAX and 12 world currencies.