Bitcoin News Report: Bitpay offering free processing forever!
Nigel Dollentas · @https://twitter.com/nigeldollentas | Jul 31, 2014 | 01:40
Bitpay is now offering free processing, forever. No catches, no gimmicks, nothing. Compared to their main competitor, Coinbase, which offers free processing on the first $1,000,000 and then a 1% fee after that. While competitive with Bitpays rates in the past, nothing competes with free.
BitPay has built the world’s leading Bitcoin solutions for e-commerce, billing, and retail. We offer daily settlement to our merchants’ bank accounts in 33 countries. We have 99.99% uptime and industry-leading teams for implementation and support. We’re constantly developing open source projects to grow the Bitcoin ecosystem, including Bitcore, Insight, BitAuth, and Copay. And we’ve raised over $32 million from world-class investors.
If you are running a large company and need dedicated support, Bitpay has packages that allow you to pay support and engineering services if you so desire.
Bitpay expects on reaching 1 million merchants by 2016, and with the announcement of this its definitely enticing enough. And as people see more and more big companies start accepting Bitcoin like Dell and Newegg, merchants should feel more confident accepting it also.
Merchants currently paying for a starter or professional plan will automatically be moved to the free processing plan, and any fees that have been charged will be credited on a pro-rated basis.
To read the full blog post: http://blog.bitpay.com/2014/07/29/bitpay-s-new-plan-free-unlimited-forever.html
Photo Source: Bitpay Blog
