Stellar Lumens (XLM) Forum with for newcomers and contributor's rewarded Check here

BitPay Launches Payment App, Targeting New Bitcoin Adoption
  • 11 Vote(s) - 3.27 Average
  • 1
  • 2
  • 3
  • 4
  • 5

[Image: BitPay-app-image.jpg]

Bitcoin payment processor BitPay has released a wallet app for storing and spending bitcoin. The app marries BitPay’s experience in merchant payments with its tools for consumer bitcoin payments, providing new possibilities for bitcoin adoption and use.

Consumers and merchants worldwide have turned to bitcoin as an internet-friendly alternative to credit cards. Bitcoin provides a fast and secure way to transfer funds worldwide. It also offers a store of value or portfolio asset.

Security Marries Ease Of Use
Security and ease of use have rarely been combined in bitcoin’s early applications. Non-technical users have often been locked out of practical ways to use bitcoin. The BitPay app provides such an opportunity without compromising security or usability.
BitPay app users can convert bitcoin into dollars using the BitPay Visa Prepaid Debit Card and buy or sell bitcoin on exchanges. These integrations offer bitcoin users a way to bridge their traditional and digital finances without leaving BitPay.

User Keeps Control Of Funds
Most services offering such features require users to store bitcoin in company-managed accounts that are vulnerable to security breaches. BitPay app users, however, keep full control of their funds at all times with multi-device authentication, device-based private keys and simple fund backup flows. An onboarding flow and user education make secure storage of bitcoin accessible to bitcoin beginners.

“This app allows us to innovate within the bitcoin payment experience and bring new users and companies into the bitcoin ecosystem,” said Stephen Pair, BitPay CEO. “The BitPay app represents an important part of our continued work as a bitcoin payments leader.”

Possibly Related Threads...
Thread Author Replies Views Last Post
  How to Tell If a Bitcoin Bear Market Is Coming crytocure 0 13 4 hours ago
Last Post: crytocure
  50 Cent, Talib Kweli, Snoop Dogg and Nas: Celebrities Who Could Be Bitcoin Millionair crytocure 0 38 22-02-2020, 04:15 PM
Last Post: crytocure
  This Chinese Whale Lost $45 Million in Bitcoin and BCH Overnight: How it Happened crytocure 0 38 22-02-2020, 11:51 AM
Last Post: crytocure
  What is Bitcoin Genesis Block? Explained crytocure 0 21 21-02-2020, 02:58 PM
Last Post: crytocure
  Withdraw Bitcoin to a credit card in Lumi Wallet crytocure 0 21 21-02-2020, 12:11 PM
Last Post: crytocure
  Tom Lee: ‘In the Long Term’ Bitcoin Could Achieve ‘100X Increase in Price’ crytocure 0 52 19-02-2020, 03:18 PM
Last Post: crytocure
  Can All Of Bitcoin Be Hacked? crytocure 0 103 16-02-2020, 03:31 PM
Last Post: crytocure
  SHOULD YOU BUY BITCOIN ON FRIDAYS AND SELL ON MONDAYS? crytocure 0 49 15-02-2020, 03:54 PM
Last Post: crytocure
  Watch Out, Bitcoin, Altcoins Are Turning More and More to Payments crytocure 0 52 15-02-2020, 03:38 PM
Last Post: crytocure
  What Pushed Bitcoin Up 65% in 2 Months? Top Fund Manager Explains crytocure 0 42 15-02-2020, 10:08 AM
Last Post: crytocure

Users browsing this thread: 1 Guest(s)