BIPS

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BIPS is Payment Service Provider (PSP) specializing in the technical aspects of accepting cryptocurrencies - such as bitcoin.

Bitcoin Payment Solutions

Providing services for merchants in 204 countries

Merchant Tools

For merchants using an eCommerce platform, choose between a wide range of bitcoin plugins. For merchants without an eCommerce solution, BIPS offers Hosted Invoices. Hosted Invoices can be used for both catalog of items and shopping cart with buttons and widgets per item. Also Hosted Invoices supports recurring billing in bitcoin, by emailing invoice link or using BIP70 Payment Requests. [1]

Point of Sale

BIPS can deliver near field communication (NFC) to "make secure payments fast and convenient by simply tapping the phone on any BIPS-enabled point of sale at checkout. And the possibility of sending payment information via sound based on Chirp.

BIPS POS NFC can be used with the following devices:

Phones

   HTC One on Sprint
   HTC One SV on Boost Mobile
   HTC EVO 4G LTE on Sprint
   LG Viper 4G LTE on Sprint
   LG Viper 4G LTE on Zact Mobile
   LG Optimus Elite on Sprint
   LG Optimus Elite on Virgin Mobile
   LG Optimus Elite on Zact Mobile
   LG Nexus 4*
   LG Nexus 5*
   Motorola Moto X*
   Samsung Galaxy Note II on Sprint
   Samsung Galaxy Note II on US Cellular
   Samsung Galaxy SIII on Sprint
   Samsung Galaxy SIII on MetroPCS
   Samsung Galaxy SIII on US Cellular
   Samsung Galaxy SIII on Virgin Mobile
   Samsung Galaxy SIII on Boost Mobile
   Samsung Galaxy S4 on Sprint (model number must be SPH-L720)
   Samsung Galaxy S4 on US Cellular
   Samsung Galaxy S4 Google Play Edition*
   Samsung Nexus S 4G on Sprint
   Samsung Galaxy Nexus on Sprint
   Samsung Galaxy Nexus*
   Samsung Galaxy Victory 4G LTE on Sprint
   Samsung Galaxy Victory 4G LTE on Virgin Mobile
   Samsung Galaxy Axiom on US Cellular

Tablets

   Asus Nexus 7
   Samsung Nexus 10

Business model

BIPS doesn't charge merchants for accepting Bitcoin online or with point of sale as payment for merchandise, but run a 0% Payment Processing Fees [2], and plans to make money by the conversion spread.

Settlement

Exchanged bitcoins are sent to your bank account in 1-5 business days. With the possibility of setting a % to be transferred, or simply keep bitcoin.

Sell for $100, see $100 deposited into your bank*


Consumer Side

Buy Bitcoins

Buy Bitcoins from any country in the world.

Sell Bitcoins

Receive payouts to bank in any currency to any countries.

History

With experience in Bitcoin since 2010, BIPS was founded in July 2011

See Also

External Links

References

  1. Hosted Invoices
  2. 0% Payment Processing Fees