ZenLedger Announced Partnership with Bitpay
ZenLedger, the global leader in bitcoin tax software and blockchain analytics, announced its partnership with BitPay to accept cryptocurrency as payment for products and services.
BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, is thrilled to announce its partnership with ZenLedger.
ZenLedger’s ability to accept cryptocurrencies allows it to provide end-to-end functionality for crypto dealers worldwide.
According to the newest “Paying With Cryptocurrency” survey from PYMNTS, 56% of consumers want to buy cryptocurrency, over half see it as an investment, and more than 40% want to use it to make payments.
ZenLedger minimizes transaction fees while enhancing payment transparency and efficiency by integrating bitcoin to its payment choices. BitPay pioneered blockchain payment processing, allowing payments to be made using cryptocurrencies such as ApeCoin (APE), Bitcoin (BTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Ethereum (ETH), Litecoin (LTC), Shiba Inu (SHIB), Wrapped Bitcoin (WBTC) XRP, 5 USD-pegged stablecoins (BUSD, DAI, GUSD, USDC, and USDP), and one Euro-backed stable (EUROC).
BitPay’s corporate solutions prevent transaction fraud, lower payment processing costs, and allow borderless bitcoin payments. Indeed, ZenLedger eliminates cryptocurrency price fluctuation and danger to the firm by settling transactions in US dollars quickly.
“As a brand designed to support traders and those on the cutting edge of Web3 Innovation, the decision to accept crypto payments using BitPay was easy,” said Pat Larsen, CEO and Co-Founder of ZenLedger. “Our ultimate goal is to always facilitate the crypto experience for our users in order to save time and money. That means everything from tracking their transactions, to offering them the chance to use those funds for our services. We believe in the long-term growth and innovation in the industry and so this is the next step in making things easier for our customers.”
“As the leading Crypto Tax Software, ZenLedger is filling a need for consumers who want to buy, invest and spend crypto alongside other investment vehicles and still keep track for accounting and tax purposes,” said Merrick Theobald, Vice President of Marketing at BitPay. “Our goal at BitPay is to make accepting crypto for ZenLedger a seamless process and to help promote crypto adoption as we believe crypto is the future of payments.”
ZenLedger is the leading cryptocurrency tax and accounting suite for investors and tax professionals. ZenLedger collects, analyzes, and accounts for your transaction information across thousands of exchanges, NFTs, DeFi, wallets, and tokens in one simple dashboard. The company leads the industry in number of blockchains and tokens supported while also offering fast, friendly customer service.
Crypto investors can gain easy, valuable portfolio and cash management insights while also saving time and stress. ZenLedger supplies blockchain protocols, investment funds, corporations, and governments with the tools needed for taxation, accounting, investigation, and audits. ZenLedger’s investors include blockchain venture funds, crypto founders, and leading crypto & fintech venture capital firms including Parafi, Mark Cuban, AVAX Blizzard fund and ALGO Borderless Capital.
BitPay is one of the first bitcoin startups, having been founded in 2011. The company’s objective as a pioneer in blockchain payment processing is to alter how businesses and individuals transfer, receive, and store money. However, its business solutions, among other things, minimize fraud chargebacks, lower payment processing costs, and enable borderless bitcoin payments.
BitPay provides users with a comprehensive digital asset management solution that includes the BitPay Wallet and the BitPay Prepaid Card, allowing them to convert digital assets into cash to spend at tens of thousands of companies. The company has offices across North America, Europe, and South America and has received over $70 million in capital from top investment companies such as Founders Fund, Index Ventures, Virgin Group, and Aquiline Technology Growth.