Bit-pay: Difference between revisions
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Bit-pay is an automated payment processing system for the bitcoin currency. It enables online merchants to accept bitcoins, as a form of payment, just as easily they accept payments from credit cards, debit cards, or Paypal. <ref name="bit-pay_FAQ" /> | |||
==Merchant Tools== | ==Merchant Tools== | ||
For merchants that already have a shopping cart, bit-pay's Hosted Checkout can allow shoppers to pay for their order using bitcoins. | |||
For merchants that only have a catalog of items, bit-pay can provide buttons and widgets for merchants to place by their items, which will add them to a shopping cart at bit-pay. | |||
==Fees== | ==Fees== | ||
The automated solution and shopping cart is available for all merchants for a fee of 0.99% of the value of the sale. | |||
If the merchant wants to receive a currency other than bitcoins, (e.g. US Dollars) bit-pay can trade the coins for dollars, and send a direct deposit to the merchant's bank account. Merchants have no currency risk of bitcoins at all. The fee for this service is 2.99% of the value of the sale. | |||
==History== | ==History== | ||
Revision as of 01:45, 30 July 2011
Bit-pay is an automated payment processing system for the bitcoin currency. It enables online merchants to accept bitcoins, as a form of payment, just as easily they accept payments from credit cards, debit cards, or Paypal. [1]
Merchant Tools
For merchants that already have a shopping cart, bit-pay's Hosted Checkout can allow shoppers to pay for their order using bitcoins. For merchants that only have a catalog of items, bit-pay can provide buttons and widgets for merchants to place by their items, which will add them to a shopping cart at bit-pay.
Fees
The automated solution and shopping cart is available for all merchants for a fee of 0.99% of the value of the sale. If the merchant wants to receive a currency other than bitcoins, (e.g. US Dollars) bit-pay can trade the coins for dollars, and send a direct deposit to the merchant's bank account. Merchants have no currency risk of bitcoins at all. The fee for this service is 2.99% of the value of the sale.
History
See Also
External Links
- bit-pay web site