BitPay

Blog

An open, staff-driven window into exciting developments, upcoming opportunities, and lessons learned in developing enterprise-grade infrastructure for bitcoin.

Bitcoin Wallets and Decentralization

April 7th, 2014

At BitPay, we are strong proponents of individual privacy and control over one’s own bitcoin holdings. Open, resilient financial systems are absolutely critical to growth and development, and bitcoin makes entirely new levels of financial security possible.

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BitPay opens European Headquarters in Amsterdam

April 2nd, 2014

We’re happy to announce our new European Headquarters in Amsterdam. This office will handle sales, implementation and merchant support for BitPay’s 7,000 merchants in Europe, with the goal of acquiring and serving 30,000 merchants in Europe by the end of 2014.

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BitPay Launches Rebranding

March 31st, 2014

We’ve been hard at work building powerful infrastructure for the next wave of bitcoin adoption. Today we’re releasing a part of that work- a rebranding and design overhaul.

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Introducing Bitcore

February 14th, 2014

Bitpay launches a new open source Bitcoin project called Bitcore, making it easier than ever to build things that interact with the real Bitcoin network.

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Introducing BitPay's Client Operations Team

January 29th, 2014

We believe that building merchant relationships and committing to service excellence is integral to the success of our organization. In recent months, we have built a Client Operations team designed to work with merchants to ensure efficient, reliable payment processing.

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BitPay Surpasses 10,000 Merchants

September 16th, 2013

ATLANTA — September 16, 2013 — BitPay Inc, the world leader in business solutions for virtual currencies, announces it has over 10,000 approved merchants in 164 countries using its service to accept bitcoin payments. This milestone was reached almost exactly one year after the company approved its 1,000th merchant.

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Enhancements to BitPay

August 21st, 2013

Over the weekend, BitPay rolled out several enhancements and new features to our world-leading bitcoin merchant service.

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Applying Late Transactions to Guaranteed Rate Invoices

March 24th, 2013

Over the past week, many transactions coming from bitcoin account service Coinbase were arriving many hours- and sometimes several days- after the buyers had attempted to send the transactions. The account service had failed to broadcast the transactions to the bitcoin peer-to-peer network.

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Bugs and Forks

March 12th, 2013

Last night BitPay’s servers started huffing and puffing. At first we thought we might have had a database corruption issue, but on further inspection we realized that one of our Bitcoin nodes seemed to be out of sync with the rest of the network.

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BitPay Surpasses 10,000 Bitcoin Merchant Transactions, Zero Cases of Payment Fraud

January 22nd, 2013

ATLANTA — January 22, 2013 — BitPay, Inc, the world leader in bitcoin payment processing, has successfully processed more than 10,000 bitcoin payments for their merchants. In their first 10,000 transactions, BitPay has experienced exactly zero cases of payment fraud. Not a single payment received has failed to confirm over the bitcoin peer-to-peer network, and reversals are not possible with bitcoin payments.

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BitPay to Expand Bitcoin Processing Space with $510,000 Funding Round

January 7th, 2013

ATLANTA — BitPay, Inc., the world leader in bitcoin payment processing, has taken their first outside investment by closing a seed round totaling $510,000. Investors include Shakil Khan, Barry Silbert, Jimmy Furland, Roger Ver, and other angel investors known for seeking out innovative technology companies. One Investor, Roger Ver, paid his investment contribution using bitcoin.

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