Bitpay users can make payments with Polygon’s native token via most popular Polygon wallets. Collectibles marketplace Panini America is among the first merchants to accept MATIC payments. Users of the BitPay app can also buy, store, swap, and spend MATIC. And several other supported ERC-20 tokens on Polygon, such as USDC, DAI, BUSD, and WBTC.

“Working with BitPay opens up a new world of commerce to MATIC holders, allowing them to spend with a host of global merchants including Airbnb and Shopify for the first time,” said Sandeep Nailwal, co-founder of Polygon. “We’re thrilled to be expanding the utility of MATIC and adding further value to the Polygon ecosystem.”

Polygon is home to some of the biggest projects such as Aave, Uniswap and OpenSea. The network’s low fees, fast transaction speeds and carbon neutrality are also among the reasons why companies like Starbucks, Robinhood and Stripe have chosen Polygon as their gateway to Web3.

“Adding MATIC to the mix of cryptos that BitPay supports offers businesses a fast, safe and secure alternative to traditional payment methods and paves the way for blockchain payments to disrupt the way consumers and businesses receive and spend funds,” said BitPay Chief Executive Officer Stephen Pair.

Get started with BitPay’s enterprise-grade tools for crypto acceptance and the BitPay app for spending.

About BitPay

BitPay builds powerful, enterprise-grade tools for crypto acceptance and spending.

BitPay’s integrations make accepting blockchain payments fast and reliable.

They are pioneers building blockchain payment technology. And to transform how businesses and people send, receive, and store money around the world.

Website | Twitter

About Polygon

Polygon is a layer 2 solution that allows for fast, cheap Ethereum transactions. Its native token, MATIC, is an ERC-20 token which can be used across Ethereum based projects.

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SOURCE:
Polygon

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BlueSnap partnership with Bitpay will enable companies to accept and be paid in up to 15 different cryptocurrencies and seven fiat currencies internationally, supporting BlueSnap’s objective to assist businesses around the world grow income and cut costs.

Partnership Highlights

Businesses will accept and be paid in leading cryptocurrencies such as Bitcoin (BTC), Bitcoin Cash (BCH), ApeCoin (APE), Dogecoin (DOGE), Ethereum (ETH), Litecoin (LTC), Shiba Inu (SHIB), Wrapped Bitcoin (WBTC), Ripple (XRP), and 5 USD-pegged stablecoins (BUSD, DAI, GUSD, USDC, and USDP), as well as 1 EURO-pegged (EUROC).

Because crypto protocols are global by default, the inclusion of cryptocurrency acceptance and payout will make it easier for BlueSnap’s clients to conduct business with critical stakeholders all over the world. However, businesses that accept cryptocurrency payments benefit from decreased processing costs, fresh client acquisition, and no chargebacks. Hence, customers will also be able to take crypto and compensate in fiat currencies. Such as USD, EURO, GBP, PESO, CAD, AUD, and NZD as a result of the relationship.

Management Quote

“As many as 85 percent of major retailers already accept some form of crypto payment, and even small businesses are picking up on the trend with one-third of SMBs beginning to accept crypto. Together, BitPay and BlueSnap will bring this popular payment method to more businesses and consumers globally,” said Merrick Theobald, Vice President of Marketing at BitPay. “We are proud to work with BlueSnap on this partnership, especially as more businesses adopt this growing trend of accepting cryptocurrencies as payment for products and services.”

“We are excited to partner with BitPay, one of the most well-respected crypto companies in the industry,” said Ralph Dangelmaier, CEO of BlueSnap. “Our work together further supports BlueSnap’s strategic growth, and we are eager to make an impact in this new space. We look forward to driving further payments innovation through growing technologies like blockchain and cryptocurrency.”

About BlueSnap

BlueSnap’s Payment Orchestration Platform, designed to increase sales and reduce costs for all businesses accepting payments. With one integration and contract, businesses can sell in over 200 regions with access to local card acquiring in 47 countries. BlueSnap, backed by world-class private equity investors, including Great Hill Partners and Parthenon Capital Partners.

Website | Twitter

About Bitpay

BitPay’s mission is to transform how businesses and people send, receive, and store money. The company has offices in North America, Europe, and South America. BitPay has raised more than $70 million in funding from leading investment firms including Founders Fund, Index Ventures and Virgin Group.

Website | Twitter

SOURCE

https://www.prnewswire.com/news-releases/bluesnap-partners-with-bitpay-to-offer-cryptocurrency-acceptance-and-payout-301648197.html

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BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, is thrilled to announce its partnership with ZenLedger.

Partnership Highlights

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.

Management Quote

“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.”

About ZenLedger

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.

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About BitPay

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.

Website | Twitter

SOURCE

https://www.prnewswire.com/news-releases/zenledger-announces-bitpay-partnership-to-accept-cryptocurrency-payments-301641647.html

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