BitPay was founded in 2011 when Bitcoin was still in its early days. Seeing the potential for Bitcoin to revolutionise the financial industry, BitPay entered the market with a mission of making payments faster, more secure, and less expensive on a global scale.
Today the company is a pioneer of building blockchain payment technology to transform how businesses and people send, receive, and store money around the world. BitPay plans on remaining at the forefront of this technology, creating more tools and services for everyone to use in innovative new ways.
BitPay offers a variety of products for individuals and businesses enabling them to accept Bitcoin and other cryptocurrencies. From setup to settlement, BitPay makes accepting crypto payments easy. The wallet gives owners access to store, send or receive Bitcoin (BTC) and other crypto. All transactions go through an account that can be managed on multiple devices. The wallet also has a clear user interface and is available as both a desktop client and mobile app. BitPay supports multiple languages and displays prices in about 150 currencies. In addition, the Chrome version allows for integration with hardware wallets.
Users are able to store and send funds, or buy gift cards from over 90 major brands. There is also the possibility for individuals to apply for a BitPay Card so that they can start spending crypto instantly and convert their crypto into cash at an ATM or spend it in any retail store (US only).