25 Mar '13, 3pm

BitPay processes over $2 million in Bitcoin transactions for March

BitPay processes over $2 million in Bitcoin transactions for March 1 hour ago | 513 views | 0 Source: BitPay BitPay Inc, the world's leading payment processor for bitcoin, announces that it has processed over $2 million during the first 25 days in March. The pace of transactions is accelerating with over 3,600 completed transactions this month. This transaction processing volume through BitPay represents bitcoins being used for the purchase of goods and services around the world. As a result of BitPay reaching this milestone, the company also announces that it has lowered its processing fees for all merchants to 0.99%, including settlement in any local currency that BitPay supports. This means that a merchant can accept payment over the bitcoin peer-to-peer payment network, and either keep the bitcoins or receive their local currency such as dollars or euros. Settlements t...

Full article: http://www.finextra.com/news/announcement.aspx?pressrelea...

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