After announcing support for ether yesterday, major crypto payments processor, BitPay expects to 'announce support for additional options in early Q4,' Stephen Pair, BitPay’s CEO, told Cryptonews.com. Litecoin and XRP are both being evaluated, he confirmed. BitPay was founded in 2011, while Bitcoin was still in its infancy. We saw the potential for bitcoin to revolutionize the financial industry, making payments faster, more secure, and less expensive on a global scale. Pair has more than 20 years in financial services and telecom software. He is a Georgia Tech graduate and former IBM programmer, whose interest in crypto dates to the 1990s. BitPay launched in 2011. “Back then, the immediate practical application, let alone the future of cryptocurrency, was not widely understood,” Pair says. Stephen Pair, Cofounder and CTO, BitPay on doing business in the BitCoin economy. TR Staff archive page; October 10, 2013. Stephen Pair, Cofounder and CTO, BitPay on doing business in the.
- What Is Bitpay
- Bitpay Exchange Inc
- Stephen Pair Bitpay
- Bitpay Headquarters
- Who Owns Bitpay
- Stephen Pair Bitpay
Curated profile of Stephen Pair, Co-Founder and Chief Executive Officer, BitPay including career history, news and intelligence, portfolio companies and investments.
What Is Bitpay
The popular Bitcoin and cryptocurrency spending service BitPay is officially adding Apple Pay support. This means that the BitPay Prepaid MasterCard can now be added to Apple Pay and the Apple Wallet app for making purchases in the real-world with cryptocurrency.
Here’s a brief explainer on how the BitPay Prepaid MasterCard works:
- Flexibility: Designed for people who want to live life on crypto. View your balance, request a new PIN, and reload instantly all within the BitPay App.
- Convert crypto into fiat: Transaction notifications and instant reloads. The BitPay App makes it easy to convert your crypto and spend.
- Enhanced security: Includes EMV chip and options to lock your card and control how you spend.
- Worldwide: Ready to use in millions of locations around the world. Pay with contactless, PIN, or simply withdraw cash from any compatible ATM.
Bitpay Exchange Inc
Here’s how it works with Apple Pay:
With Apple Pay, BitPay cardholders can make secure purchases in stores, in apps, and online. In addition, customers waiting on delivery of their plastic card can add their virtual card to Apple Wallet via the BitPay Wallet app and can start spending immediately. Support for Google Pay and Samsung Pay is planned for later this quarter.
If you’re already a BitPay Prepaid MasterCard user, you can add the card to Apple Pay by opening the Wallet app on your iPhone, tapping the “+” button in the upper-right corner, then going through the standard Apple Pay setup process.
If you’re not a BitPay card user, you can download the app from the App Store to get started.
BitPay Card Adds Support for Apple Pay
Stephen Pair Bitpay
Cardholders Turn Crypto into Dollars with a Smartphone
ATLANTA–(BUSINESS WIRE)–BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, today announced that US cardholders of the BitPay Prepaid Mastercard can add their card to Apple WalletTM and spend with Apple Pay®. With Apple Pay, BitPay cardholders can make secure purchases in stores, in apps, and online. In addition, customers waiting on delivery of their plastic card can add their virtual card to Apple Wallet via the BitPay Wallet app and can start spending immediately. Support for Google Pay and Samsung Pay is planned for later this quarter.
“Adding Apple Pay and soon Google and Samsung Pay makes it easy and convenient to use the BitPay Card in more places from day-to-day items to luxury purchases.”
“We have thousands of BitPay Wallet app customers using the BitPay Card who are always looking for new places and ways to spend their crypto,” said BitPay CEO Stephen Pair. “Adding Apple Pay and soon Google and Samsung Pay makes it easy and convenient to use the BitPay Card in more places from day-to-day items to luxury purchases.”
BitPay continues to innovate its global blockchain solutions to make paying with Bitcoin and other cryptocurrencies faster, easier and safer than ever before. The BitPay Wallet app is designed to enable customers to manage and spend Bitcoin, and also turn it into dollars and spend with the BitPay Card.
For power blockchain users, the BitPay Wallet app supports an array of options to buy and store crypto and make online payments. Users can instantly buy gift cards from hundreds of top retailers in store and online. The BitPay Card enables customers to instantly convert cryptocurrency into fiat currency, which is then loaded onto the card and can be spent anywhere Mastercard debit is accepted around the world. Customers can also use the cards online for purchases and to withdraw cash from ATMs.
The BitPay Wallet app supports Bitcoin, Bitcoin Cash, and Ether, as well as four dollar-pegged stablecoins, USDC, GUSD, PAX, and BUSD.
To add a card to Apple Wallet, cardholders need to have the most recent version of the BitPay app, 12.1.0 which is available in the App Store. To order the BitPay Prepaid Mastercard, visit https://bitpay.com/card/
Founded in 2011, BitPay pioneered blockchain payment processing with the mission of transforming how businesses and people send, receive, and store money. Its business solutions eliminate fraud chargebacks, reduce the cost of payment processing, and enable borderless payments in cryptocurrency, among other services. BitPay offers consumers a complete digital asset management solution that includes the BitPay Wallet and BitPay Prepaid Card, enabling them to turn digital assets into dollars for spending at tens of thousands of businesses. The company has offices in North America, Europe, and South America and has raised more than $70 million in funding from leading investment firms including Founders Fund, Index Ventures, Virgin Group, and Aquiline Technology Growth. For more information visit bitpay.com.
BY USING THIS CARD YOU AGREE WITH THE TERMS AND CONDITIONS OF THE CARDHOLDER AGREEMENT AND FEE SCHEDULE, IF ANY. This card is issued by Metropolitan Commercial Bank (Member FDIC) pursuant to a license from Mastercard International. “Metropolitan Commercial Bank” and “Metropolitan” are registered trademarks of Metropolitan Commercial Bank ©2014.
Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated.
Apple Wallet and Apple Pay are trademarks of Apple Inc., registered in the U.S. and other countries.
Who Owns Bitpay
Stephen Pair Bitpay
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