We now have one other month of thrilling crypto information and BitPay happenings, together with some fascinating new crypto knowledge, an distinctive instance of find out how to promote crypto in your web site, and an outline of Litecoin, the latest cryptocurrency supported by BitPay. Don’t neglect to take a look at our Service provider and Charitable Highlight as effectively!
In This Situation:
BitPay within the Highlight
- You may have already seen the announcement, but we’re now supporting Litecoin!
- Examine BitPay companions Glamnetic and Noémie, two female-focused manufacturers, in Beauty and the Bitcoin: Female-focused brands accept crypto payments driving adoption
- Mastercard introduced that it’ll improve its card program for cryptocurrency wallets (just like the BitPay Pockets) and exchanges to make it easier for companions to transform cryptocurrency to conventional fiat forex. Read the announcement here.
- In a brand new PYMNTs eBook, 46 C-suite executives spoke about what the world will seem like as restoration rolls on and the subsequent iteration of regular rolls out. In this excerpt, our Basic Counsel and Chief Compliance Officer, Eden Doniger discusses why firms must undertake a “compliance-first technique” when implementing a cryptocurrency technique. Read the eBook here.
- The brand new knowledge that we collaborated on with PYMNTs tells us that 60% of cryptocurrency customers need retailers to supply cost reductions. Learn more in the cryptocurrency payments playbook here.
- We’re thrilled that Newegg has turn out to be the primary main on-line retailer to simply accept the Litecoin (LTC) cryptocurrency as a cost technique, by way of the BitPay platform. Read more here.
- As crypto corporations turn out to be anticipating extra regulation, our Basic Counsel and Chief Compliance Officer, Eden Doniger discusses how extra regulation will assist crypto turn out to be extra firmly entrenched in retail and industrial settings. Find out more here.
- BitPay Pay as you go Mastercard customers can now add their card to Google Pockets and may make safe contactless purchases in-app, on-line, and in-person utilizing Google Pay. Read the announcement here.
Different Business Information
Right here’s a listing of a few of the most important happenings in crypto over this previous month:
BitPay Bids Welcome to New Companies
It’s our month-to-month pleasure – and nice honor – to welcome aboard new BitPay companions utilizing our services and products. We’re excited to announce our partnerships extending into the true property enterprise, in addition to a top-ranked restaurant. Please be part of us in saying good day to those new, distinctive members of the BitPay household!
- Ashford.com – On-line Retailer For Luxurious Watches (On-line Checkout)
- Condos.com – On-line Actual Property Market (E mail Billing and Payouts)
- NAAMA Studios – Tattoo Removing Specialists (E mail Billing)
- Sonic Electronix – On-line Purchasing Vacation spot For Auto Electronics (On-line Checkout)
- The Bristol – High Ranked Chicago Restaurant (E mail Billing and Checkout App)
BitPay Service provider Highlight: Takeaway.com
Takeaway.com is the main on-line meals supply market in Continental Europe, connecting tens of hundreds of thousands of shoppers with over 580,000 native eating places by means of its app and web site in 14 European international locations, Israel, Canada and New Zealand.
Headquartered in Amsterdam, they facilitate on-line ordering, cost and infrequently, success of orders. Using a hybrid mannequin ensures shoppers have the widest potential number of eating places to order from.
We’re proud to name Takeaway.com a accomplice since 2013 and need them numerous continued success.
BitPay Service provider Shout-outs
A BitPay service provider since 2018, The Wikimedia Basis makes it simpler for everybody to share what they know by holding Wikipedia and Wikimedia websites quick, dependable, and out there to all. They shield the values and insurance policies that permit free data to thrive. They construct new options and instruments to make it straightforward to learn, edit, and share from the Wikimedia websites. Above all, they assist the communities of volunteers world wide who edit, enhance, and add data throughout Wikimedia tasks. To assist this wonderful trigger, please visit their website here.
Phrase of the Month: LTC – Litecoin
Litecoin will not be as effectively generally known as Bitcoin, but it surely’s been rising in recognition and is at present one of many 11 cryptocurrencies accepted by BitPay. Now valued at $170 with a complete market cap exceeding $11 billion, Litecoin is an open-source, totally decentralized, peer-to-peer Web forex that permits immediate, near-zero value funds to anybody on this planet. In comparison with different main math-based currencies, Litecoin options quicker transaction affirmation occasions and improved storage effectivity. Additionally it is able to dealing with larger transaction volumes than Bitcoin.
To be taught extra about Litecoin, go to https://litecoin.org/.
Advertising Highlight: DavidSW Watch
This month we’re highlighting DavidSW, a BitPay service provider accomplice since 2016 that’s exemplifying an distinctive strategy to advertising and marketing crypto funds on their web site. DavidSW has been within the enterprise of shopping for and promoting genuine, luxurious watches for the previous 11 years. Over the previous couple of months, they’ve enhanced their crypto advertising and marketing ways to extend watch gross sales with crypto funds. Not solely did they add a big “We Settle for Crypto” homepage picture on their web site, however in addition they included the same point out with the BitPay emblem additional down on the web page. Moreover, they’ve a “learn more” web page that explains find out how to pay with crypto.
That is the right instance of what can to be executed to create consciousness, educate prospects and make crypto acceptance mainstream. Need concepts on find out how to do the identical or share your present advertising and marketing campaigns with us? Submit your questions or advertising and marketing campaigns to [email protected].
Did You Know?
BitPay at present accepts 11 cryptocurrencies together with Bitcoin (BTC), Bitcoin Money (BCH), Dogecoin (DOGE), Ethereum (ETH), Litecoin (LTC), Wrapped Bitcoin (WBTC), and 5 USD-pegged steady cash (GUSD, USDC, PAX, DAI, and BUSD). The entire market cap of those exceeds $1.3 trillion, accounting for greater than 70% of the worldwide crypto market cap.
Obtain the BitPay cost marks here.
2021 Cryptocurrency Funds Report
In a survey of over 8,000 U.S. shoppers, PYMNTS discovered that 60% of cryptocurrency homeowners can be keen to make use of crypto for funds if doing so unlocked reductions — and even 23% of non-holders say the identical. Study extra about what retailers must do to grab this untapped alternative within the Cryptocurrency Payments Playbook: Cryptocurrencies Gain Momentum As A Payment Option.