BNB, LINK can now pay bills via BitPay Wallet
According to information from The Block, cryptocurrency payment service provider BitPay has just updated a series of features to improve the user experience for customers. What is worth noting is the ability to support the integration of dozens of additional cryptocurrencies into their platform.
It is expected that this week, users on the BitPay platform will have the ability to pay for purchases and bills with various cryptocurrencies, including Uniswap (UNI), Binance Coin (BNB), Chainlink ( LINK), Cronos (CRO), Basic Attention Token (BAT), and many other crypto assets.
BitPay allows customers to pay for goods and bills with BNB, Chainlink and others https://t.co/74ct3go6IA
— The Block (@TheBlock__) January 9, 2024
The BitPay system has also undergone significant improvements with many new features aimed at optimizing the payment experience, including:
- The user payment interface is designed to be more intuitive and simple.
- WalletConnect 2.0: Allows connecting Web3 wallets to any BitPay invoice.
- Asset and balance detection: The bill payment interface will automatically display the asset type and balance in the user’s wallet to easily select the type of payment asset according to need.
- New dark mode introduced.
- Pay any bill from the BitPay app: When using BitPay Wallet to pay, the bill can be sent to the customer’s device to complete the transaction.
Not only that, BitPay CEO Stephen Pair also informed that users can pay bills, credit card debt, loans, mortgages, or shop for favorite assets from famous brands like Newegg, Jomashop, PacSun, Gucci, Ralph Lauren, Ferrari, AMC Theaters, through many crypto payment solutions of BitPay Wallet.
BitPay, one of the leading companies providing cryptocurrency payment services via BitPay Wallet, BitPay App, BitPay Card, has been in existence since 2011. It allows users to convert digital assets into dollars to spend at tens of thousands of businesses. The company has offices across North America, Europe, and South America and has raised more than $70 million from leading investment firms.
Related: Mercari Japan Accepts Payments in Bitcoin
Although BitPay has been in operation for a long time, the company’s latest move reflects the broader Web3 trend in business today, Efforts to integrate new payment methods such as Bitcoin and ETH to attract a large number of customers. This is similar to the encrypted trading platform Mercari in Japan, the global fast food chain McDonald’s, and leading fashion brands such as Nike, Hublot, Balenciaga, Adidas, Lacoste are also expanding their use of cryptocurrency.
