![]() ![]() More mainstream companies such as PayPal and fintech and wallet companies are entering the crypto payments space. ![]() Now, the company says it processes around 66,000 crypto transactions per month. What did people spend their crypto tokens on?īitPay said when crypto investors spent their tokens, many purchased luxury goods such as watches, cars, boats, jewellery, and even gold, which has come as a surprise as many potentially see Bitcoin becoming the commodity akin to the 21st century’s gold.īitPay helps companies accept cryptocurrency payments and has been doing so since 2011, when few companies accepted digital coins. On Friday, Musk said Doge can be used to purchase the company’s merchandise. Kazakhstan crisis: Bitcoin price slumps as nationwide Internet blackout hits crypto minersĪs for memecoins, Tesla chief executive Elon Musk has touted Dogecoin over Bitcoin, largely due to environmental reasons as it consumes less energy than Bitcoin mining.Bitcoin ban: These are the countries where crypto is restricted or illegal AMC Theatres customers next month will be able to pay with meme coins dogecoin (DOGE) and shiba inu (SHIB) using crypto payments provider BitPay.(Note: for more industry updates from BitPay, check here.)Īs reported recently, BitPay has teamed up with Simplex to offer limited time zero fees on cryptocurrency purchases for all of Europe.īitPay’s pre-paid Mastercard now supports Apple Pay.Īs covered in January 2021, BitPay had commented on how Fintechs Square and PayPal will drive Bitcoin and other cryptos to become a globally accepted payment method. Or become a PrivateFly Jet Cardmember and get fixed hourly rates on hand-selected aircraft from PrivateFly’s family fleet and preferred suppliers.” A press release unveiled this news on March 4, noting that the Dallas Mavericks is the first merchant to accept DOGE as payment for tickets and merchandise. “In addition to booking one-off private jet charter flights that you can pay for using BitPay, you can also access PrivateFly’s safety-accredited network of private jet charter aircraft worldwide by opening a Jet Account. BitPay, the leading provider of crypto payment services, has started letting merchants and consumers accept Dogecoin (DOGE) as payment. PrivateFly has reportedy been taking digital currency payments through BitPay for private jet flights since 2014. The Dallas Mavericks are an early adopter of cryptocurrency and now the first to accept Dogecoin. The Shiba-Inu based cryptocurrency Dogecoin is popular with Elon Musk, Snoop Dogg, Gene Simmons and now Mark Cuban. BitPay welcomes Dogecoin This new addition is now supported in both the BitPay Wallet app and at all of BitPay's enabled merchant sites. Hedonists Watches – Luxury Watch Dealer (Email Billing and Shopify Integration)īitPay also highlighted one of its oldest and favorite merchants. Spend, Load and Store Dogecoin with BitPay.Habitat for Humanity – Nonprofit (Email Billing).Generali Hong Kong – Leading Life Insurance Company (Email Billing).Auto Canada Group – Luxury Auto Dealer (Email Billing).BitPay has gained clients from across many different fields and industries – “everything from Auto to Watches.” ![]() The payments company also confirmed that they are welcoming aboard new businesses that use their products and services. BITPAY DOGE UPDATEIn a market update from last month, BitPay noted that cryptocurrency price movements remain “as exciting as ever.”īitcoin and Ethereum (ETH) continue to set new highs, while Fintech firms “take aim at crypto adoption,” BitPay added. The BitPay Wallet app may be downloaded via the App Store (iOS) or through the Google Play Store (Android) and merchants interested in accepting cryptocurrency payments may sign up here. BitPay also supports transactions with Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and several major stablecoins including Circle (USDC), Gemini USD (GUSD), Paxos Standard Token (PAX) and Binance USD (BUSD). ![]()
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