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Author Topic: 2013-01-07 Forbes - Largest Bitcoin Payment Processor Raises $510,000 Angel Roun  (Read 993 times)
giszmo (OP)
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January 07, 2013, 08:31:08 PM
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http://www.forbes.com/sites/jonmatonis/2013/01/07/largest-bitcoin-payment-processor-raises-510000-angel-round/

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BitPay, Inc. announced today that they have completed a seed funding round of $510,000 from several angel investors demonstrating that bitcoin can attract the capital necessary to encroach upon legacy payment methods.

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January 07, 2013, 09:02:55 PM
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nice
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The value proposition to merchants is clear — eliminate fraud and chargeback risk, accept transactions from any country in the world, and increase profitability by saving on processing fees and PCI Compliance costs.

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