11 Sep '12, 1pm

Merchants Tap BitPay for Bitcoin Acceptance via @Finextra

"The sheer volume of new merchants has started to explode over the last month as more businesses begin to see the value in accepting bitcoin payments," says Anthony Gallippi, co-founder and CEO of BitPay. "By accepting bitcoin, a business can receive a payment from any country, instantly, with no risk of fraud. No other payment technology can offer this level of functionality." The majority of BitPay's merchants are in the United States, followed by the U.K., Canada, Australia, and Finland. Businesses in a total of 98 countries use BitPay to process bitcoin payments. Most of the bitcoin-accepting merchants are eCommerce businesses, offering services ideal for virtual currency payments such as web hosting, domain registration, VPN services, and digital downloads. As a result of the secretary of the Central Bank of Finland publicizing that bitcoin is legal to use in Finland,...

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

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