Review on BitPay USD by francis fernandez
Bitpay USD and the payment protocol
Bitpay USD is a native card from the United States; issued by the Metropolian Conmercial Bank consortium.
What should we know about the Bitpay USD card?
* It is useful for payment management and cryptocurrency settlements in 229 countries and territories of the world, including European, American and Western countries.
* The most compatible wallets with Bitpay are those that accept payment protocol. This process consists of activating the payment request, after copying and pasting the payment URL in the digital wallet or scanning the QR code.
Payment processing is also accepted through a peer to peer digital wallet, which allows you to copy and paste the receiving address and the exact amount to send. However, Bitpay suggests its users to manage payments preferably with prompt payment protocol wallets.
* The advantages of using early payment protocol wallets to pay Bitpay invoices are: accuracy in the amount of the payment in Bitcoin or Bitcoin Cash, the probability of generating failed or late payments is zero, it has a high-level security profile that prevents fraud in payment transactions.
* The most popular wallets supported by Bitpay are: Ethereum wallets, BTC wallets and Bitocin Cash.
* It allows to process payments with hardware wallets as well, such as Nano Letger or TREZOR.
* If the user wishes to pay with a wallet other than the previous ones, he must use the billing address to process the payment without a payment protocol.
The card is obtained by following three simple steps:
1-Download the Apps.
2-Load the wallet: Available in the App Store and in Google Play (smart devices).
3-Request the card
Pros
- It makes it easy for companies to exchange cryptocurrencies among their clients.
- Allows you to recharge the card without charging fees for reconversion.
- The card is recharged instantly.
- Allows you to process funds on all platforms, whether they are digital wallets, hardware wallets and others.
Cons
- Handles high fees for transaction processing.
