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Author Topic: BitPay Exceeds $2 Million in Transactions in March, Lowers Fees for All Merchant  (Read 3473 times)
BitPay Business Solutions (OP)
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March 25, 2013, 03:33:23 PM
 #1


http://uptweet.com/viewStory?id=1115

All processing fees now 0.99% including settlement in any local currency we support.

Quote
“We chose to celebrate this milestone by rewarding all merchants, large and small, with an across-the-board fee reduction, instead of offering tiered pricing which rewards only the largest merchants,” says Tony Gallippi, co-founder and CEO of BitPay. “We want our merchants to use this fee reduction to offer discounts and incentives to their customers for paying with bitcoin.”

BitPay : The World Leader in Bitcoin Business Solutions

https://bitpay.com

Does your website accept bitcoins?
Kupsi
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March 25, 2013, 03:35:03 PM
 #2

Great news!!!   Grin
jwzguy
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March 25, 2013, 03:38:36 PM
 #3

That is awesome!
justusranvier
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March 25, 2013, 03:50:43 PM
 #4

Awesome news.

Shouldn't this be in Service Announcements though?
Bees Brothers
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March 25, 2013, 03:52:05 PM
 #5

Sweet!  We've been real happy with your services.

Don't tread on bees! http://beesbros.com
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March 25, 2013, 04:03:53 PM
 #6

Excellent, looks like a very smart move to me.

Also, right now many Bitcoin users rather not pay in bitcoin as they believe it will rise in value, so it's more profitable to pay in fiat. Would it be possible for Bitpay to team up with Coinlab, Bitstamp or other large exchanges, to give people paying in bitcoin the option to instantly buy some extra bitcoins?

WikileaksDude
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March 25, 2013, 04:12:21 PM
 #7

Ur getting 1k of new merchants by month :O Thats crazy.

Congratz!
thefiniteidea
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March 25, 2013, 04:17:52 PM
Last edit: March 25, 2013, 04:29:34 PM by thefiniteidea
 #8



Is that possible yet? Just curious.

Great news regardless!!!  Grin
kiba
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March 25, 2013, 04:18:48 PM
 #9

What was the previous processing fee? 3.5%?

pof
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March 25, 2013, 04:38:46 PM
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Is that possible yet? Just curious.

Great news regardless!!!  Grin

They did it! Now it's 0,99%!

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March 25, 2013, 04:42:26 PM
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https://bitpay.com/bitcoin-direct-deposit  Wink

cho
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March 25, 2013, 05:05:14 PM
 #12

Excellent news

1KEWxTkXPgfB9MdHJcfyoVnfHRnYEHQJPw
allthingsluxury
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March 25, 2013, 05:35:29 PM
 #13

Wow now those are some amazing currency conversion fee's! That is the same essentially as interbank. Good job guys, I'm a happy customer.

Gabi
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March 25, 2013, 05:36:48 PM
 #14

Wow, great job!

Who says that with bitcoin you cannot buy anything?  Cheesy Cheesy Cheesy

BitPay Business Solutions (OP)
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March 25, 2013, 06:35:40 PM
 #15

page is now fixed

https://bitpay.com/pricing


BitPay : The World Leader in Bitcoin Business Solutions

https://bitpay.com

Does your website accept bitcoins?
thefiniteidea
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March 25, 2013, 06:40:52 PM
 #16


Woohoo!!!!  Cheesy

This is really incredible!!! Forget all that Cyprus hullabaloo, THIS is the biggest news for Bitcoin's fundamentals all month!!!

I think you guys are now undercutting practically every payment processor I've ever heard of!!
notme
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March 25, 2013, 07:00:51 PM
 #17

Awesome, now I will probably switch back from coinbase for selling.  BitPay has always been faster, and now they are cheaper too.

https://www.bitcoin.org/bitcoin.pdf
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cypherdoc
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March 25, 2013, 07:10:28 PM
 #18

Awesome, now I will probably switch back from coinbase for selling.  BitPay has always been faster, and now they are cheaper too.

wait, so you as an individual can sell BTC via Bitpay?
notme
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March 25, 2013, 07:13:48 PM
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Awesome, now I will probably switch back from coinbase for selling.  BitPay has always been faster, and now they are cheaper too.

wait, so you as an individual can sell BTC via Bitpay?

I am a merchant.... I sell trinkets to myself and get USD in my bank the next day.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
uhoh
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March 25, 2013, 07:17:03 PM
 #20

Fantastic news, many congratulations to Bitpay.
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