Review on BitPay USD by JB CRYPTO
Payments with bitcoin are now easier thanks to Bitpay !!
Bitpay is a bitcoin payment platform, it was presented for the first time in 2011 in the United States by its 2 founders Stephen Pair and Gallippi.
This platform is known mostly as the "Bitcoin payment processor", it was focused so that those companies that do not accept bitcoin as payment now do so. Also what this platform does is receive payments in bitcoin and the payment is changed to US dollars. It charges merchants a small fee of 1% of the transaction, which makes more users opt for Bitpay, as some of the other platforms charge a fee of approximately 3%.
What draws the attention of thousands of users is that this platform has a physical bitpay card, which is a Visa debit card, of course it costs about $ 10 approximately, the user who owns some of these debit cards, can convert their bitcoin stored (since there is also an open source wallet to store crypto) in US dollars, which makes a very big advantage and helps our society to become a little more familiar with cryptocurrencies, since these in some not too distant future could become the future of now.We have other positivities of this great platform that is, that bitpay offers its services to varieties of companies and how to use it. For example:
Online: companies on their websites only have to add a payment method that would be "bitpay" and this would be it.
In the store: It has a QR code that is used through an application that is Bitpay Checkout, the user scans their QR code and pays with their bitcoins.
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Pros
- Bitpay physical card (VISA debit card).
- Charge a fee of just $ 1 on your transactions. = Accounts with QR code applications.
Cons
- Cannot import third party addresses
