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Author Topic: BTCpay Server: A Real e-Commerce Game Changer?  (Read 761 times)
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July 10, 2020, 04:02:21 PM
Merited by OmegaStarScream (1)
 #41

Bitpay's days are numbered, wouldn't you agree?

They will remain one of the most popular choices for anyone who doesn't want to deal with the hassle of selling coins for fiat by themselves. Medium-sized and bigger companies will also tend to prefer to work with someone more established in the space. But it's always great if the barriers of entry are lowerfor non-technical enthusiasts as well as for those who don't mind the price volatility, perhaps due to fat margins.

And for most businesses volatility also might not necessarily be a huge issue so long as cryptocurrency payments are a small percentage of their total payments.

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July 10, 2020, 04:21:05 PM
Merited by OmegaStarScream (1)
 #42

BitPay is still a major force within the crypto-sphere but over time their powers will definitely dwindle as competition rises.

There are so many easy plugins for various e-commerce carts and also BTCpay Server with other options for those that can install and run software on their own server it means BitPay with its fiat withdrawals which are beneficial will not be the only option out there.

Why is it numbered? I bet it's going to continue long and could dominate the payment processors scene.

I agree that BitPay is not going to die anytime soon because as said above, most merchants wants a convenient and easy way to instantly convert BTC to USD and BitPay happens to be one of the first services to provide that. However, I don't see them dominating the payment processors scene... not with the way they're currently operating anyway (enforcing KYC for buyers, trying hard to push B-cash, implementing BIP71,  banning countries etc.).

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July 10, 2020, 08:26:52 PM
 #43

Useful Links

    BTCPay Website

    BTCPay Server Test page - feel free to connect your store and test it out

    BTCPay Slack

    BTCPay Github

    BTCPay on Twitter

    BTCPay on YouTube [/i][/color](end of Reddit post)
i think you forgot to insert the useful links in the OP. It would be awesome if they were included especially for Newbies who might me prone to phishing websites  Wink





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July 10, 2020, 09:45:13 PM
 #44

Thank you for bringing it to my attention, I have added the links now  Grin

i think you forgot to insert the useful links in the OP. It would be awesome if they were included especially for Newbies who might me prone to phishing websites  Wink

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July 12, 2020, 09:19:44 AM
 #45

BitPay is still a major force within the crypto-sphere but over time their powers will definitely dwindle as competition rises.

There are so many easy plugins for various e-commerce carts and also BTCpay Server with other options for those that can install and run software on their own server it means BitPay with its fiat withdrawals which are beneficial will not be the only option out there.

Worthy thoughts but the thing that counts with Bitpay and the overwhelming majority of merchants is the fiat part and nothing else.

The fiat bit is what their competition needs to concentrate on and most won't have the finance or the patience or the contacts to go down that route. They can of course integrate with exchanges but that's another step for merchants themselves to deal with and another account to create. Many won't bother.

Bitpay is a one stop shop and that's what their market wants. The operations that may compete with them on that will be just as corporate and may have their own gross habits too.

A pure crypto economy would be a different matter but that's generations away, if ever.
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July 20, 2020, 06:21:01 PM
 #46

BitPay offering fiat conversion straight a bank account is a massive plus point for people wanting an easy plugin solution so yes you are right without doubt, as long as others catching up are involving fiat conversions as part of the solution then BitPay would have more competition on its hands and other plugin options would be far greatly used. It will not stop non-BitPay users others using other options but they will have (as you rightly stated) have to find methods of converting their crypto to fiat.


BitPay is still a major force within the crypto-sphere but over time their powers will definitely dwindle as competition rises.

There are so many easy plugins for various e-commerce carts and also BTCpay Server with other options for those that can install and run software on their own server it means BitPay with its fiat withdrawals which are beneficial will not be the only option out there.

Worthy thoughts but the thing that counts with Bitpay and the overwhelming majority of merchants is the fiat part and nothing else.

The fiat bit is what their competition needs to concentrate on and most won't have the finance or the patience or the contacts to go down that route. They can of course integrate with exchanges but that's another step for merchants themselves to deal with and another account to create. Many won't bother.

Bitpay is a one stop shop and that's what their market wants. The operations that may compete with them on that will be just as corporate and may have their own gross habits too.

A pure crypto economy would be a different matter but that's generations away, if ever.

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September 28, 2020, 09:55:50 PM
 #47

https://btcpayserver.org/   :   It works smooth. The only problem I visit is that when creating an invoice, the user will get a bitcoin deposit address only for one time. According to the guide from Btcpayserver, its impossible to save this public key in the database. So when to use this for a casino or something, is there any way to adjust the code that customers will have the same bitcoin address, and not every time a new address that is generated by the system? Many thanks. If you can help me, please PM me and I will pay you for your help.
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October 20, 2020, 06:44:58 PM
Merited by DarkStar_ (10), suchmoon (4), malevolent (1)
 #48

I was surprised to find out that Namecheap is now using BTCpay. There is still the BitPay option but BTCpay is right next to it. The minimum amount of funds you can add to your account is only $1 and they are also using bech32 addresses for their invoices and you can pay with Lightning.


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November 10, 2020, 08:33:57 PM
 #49

With the ease that BTCPay Server can be used by any ecommerce offering outlet is should be no surprise to find more and more companies integrating it. I also did not know Namecheap were using BTCPay Server but now they others will follow. Maybe many other domain registrars and web hosting companies are already using it.

It many cases it really does make sense for ecommerce traders to cut out the middle men (3rd party plugins) and do it themselves so it saves giving transaction fees to others that do the same job. Once you know you are making enough every month to cover your server fees that runs BTCPay Server then it makes to use it.


I was surprised to find out that Namecheap is now using BTCpay. There is still the BitPay option but BTCpay is right next to it. The minimum amount of funds you can add to your account is only $1 and they are also using bech32 addresses for their invoices and you can pay with Lightning.



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