BitPay adds support for Ethereum (ETH)

BitPay, the US-headquartered blockchain payments provider, today announced its customers will soon be able to accept Ethereum (ETH).

Businesses using BitPay for payment processing will be able to accept Ethereum for purchases without the need for any integration or enhancements. Additionally, wallet users will be able to store and use Ethereum in a BitPay wallet and BitPay prepaid Visa cardholders can top-up debit cards.

“BitPay is consistently at the forefront of using cryptocurrency to solve real-world problems and offer our global customers the best options to accept and pay with multiple blockchain assets,. As one of the largest cryptocurrencies by market cap and one used by thousands of companies, Ethereum is the next logical choice.”
– Stephen Pair, CEO of BitPay

BitPay now offers Ethereum as a payment mechanism along with Bitcoin and Bitcoin Cash.

The company also offers stable coin settlement with Circle CENTRE USD//Coin (USDC), Gemini Dollar (GUSD), and Paxos Standard token (PAX) as well as in 12 currencies and direct bank deposit in 37 countries.

“It is exciting to see BitPay leading the way in integrating Ethereum into global payment systems. This truly opens up a new world of possibilities for the Ethereum ecosystem, and together we can continue to be a leading innovator for real-world use cases for cryptocurrencies.”
– Vitalik Buterin, founder and creator of Ethereum