BitPay Surpasses 10000 Bitcoin Merchant Transactions, Zero Cases of Payment ... - MarketWatch (press release)

BitPay Surpasses 10,000 Bitcoin Merchant Transactions, Zero Cases of Payment Fraud

BitPay Surpasses 10000 Bitcoin Merchant Transactions, Zero Cases of Payment ... - MarketWatch (press release)

ATLANTA, Jan 22, 2013 (BUSINESS WIRE) -- BitPay, Inc., the world leader in bitcoin payment processing, has successfully processed more than 10,000 bitcoin payments for their merchants. In their first 10,000 transactions, BitPay has experienced exactly zero cases of payment fraud. Not a single payment received has failed to confirm over the bitcoin peer-to-peer network, and reversals are not possible with bitcoin payments. Companies can now ship their merchandise with confidence to any country on Earth. This is a welcome relief for internet merchants who are battling payment fraud every day. The key benefit that companies are starting to realize with bitcoin is the fraud mitigation. With credit cards, one out of every 167 transactions turns out to be fraudulent for domestic orders, and for international orders the rate is one out of every 50 transactions (source:Cybersource...

Full article: http://www.marketwatch.com/story/bitpay-surpasses-10000-b...

Tweets

@bitcoin_ita » 27 Jan '13, 12pm
BitPay Surpasses 10,000 Bitcoin Merchant Transactions, Zero Cases of Payment Fraud [link] #bitcoin #bitpay #paypal
@waspoza » 23 Jan '13, 1pm
RT @kevinkauzlaric: Key benefit firms get with Bitcoin is fraud mitigation, while 1 of 167 credit card transactions is fraudulent: [link]
@kevinkauzlaric » 23 Jan '13, 12pm
Key benefit firms get with Bitcoin is fraud mitigation, while 1 of 167 credit card transactions is fraudulent: [link]
@starj0n » 22 Jan '13, 11pm
Beat the #banks use #bitcoins - bitpay surpasses 10000 bitcoin transactions [link]
@Jonjay8 » 22 Jan '13, 6pm
RT @BitCoinReporter: BitPay Surpasses 10000 Bitcoin Merchant Transactions, Zero Cases of Payment ... - MarketWatch (press release) [link] #bitcoin
@Anony316 » 22 Jan '13, 6pm
BitPay Surpasses 10,000 #Bitcoin Merchant Transactions, Zero Cases of Payment Fraud [link]
@BitConcierge » 22 Jan '13, 2pm
BitPay Surpasses 10000 Bitcoin Merchant Transactions, Zero Cases of Payment ... - MarketWatch (press release) [link]
@MobiMediaMarket » 22 Jan '13, 2pm
BitPay Surpasses 10000 Bitcoin Merchant Transactions, Zero Cases of Payment ... - MarketWat... [link] #ecommerce #smallbiz
» 22 Jan '13, 7pm
RT @BitCoinReporter: BitPay Surpasses 10000 Bitcoin Merchant Transactions, Zero Cases of Payment ... - MarketWatch (press release) [link] #bitcoin
@EarnTheBitcoin » 22 Jan '13, 4pm
BitPay Surpasses 10000 Bitcoin Merchant Transactions, Zero Cases of Payment ... - MarketWatch (press release) [link]
@WhatsYourWebIQ » 22 Jan '13, 3pm
BitPay Surpasses 10000 Bitcoin Merchant Transactions, Zero Cases of Payment ... - MarketWatch (press release) [link]
@BitCoinReporter » 22 Jan '13, 3pm
BitPay Surpasses 10000 Bitcoin Merchant Transactions, Zero Cases of Payment ... - MarketWatch (press release) [link] #bitcoin