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Bitcoin is a currency and payment method that is unique within the payment space. Bitcoin
is designed for the internet from the ground up, making it the future of payments. Consumers
and merchants expect global services to be instantly delivered, bitcoin offers the payment
November 2015
THE BITCOIN MARKET
The global bitcoin market is growing with over 100% each year, with currently 9 million active bitcoin wallets
and 140.000 merchants connected. Bitcoin payments are global and currently most usage is seen in the
United states and Europe, while emerging markets are coming up fast. Examples of markets were the
traction has been the highest are gaming, travel, food delivery, consumers electronics and gift cards.
55%
35%
4%
6%
In November 2015,
140,000
merchants accepted
Bitcoin.
PROCESSED
BY BITPAY
21,885 - 4%
Ga m i n g
by industry in 2015
82,071 - 15%
e-Wallets
120,371 - 22%
IT ser vices
BitPay was founded in May 2011 in Atlanta (USA) and is registered as a Financial Institution in the USA. BitPay
has offices in Atlanta, San Francisco, Buenos Aires and Amsterdam. It is backed by well recognized venture capital
companies like Index Ventures and Richard Branson and raised $30 MM in May 2014.
BitPay is the market leader in bitcoin processing with a market share of 53%. It allows merchants to accept payments
in bitcoin and receive exactly the amount that has been charged, directly to the merchant’s bank account. BitPay
provides bank deposits in 38 countries, settling in USD, EUR, GBP and more.
BitPay delivers specific services for merchants and Payment Service Providers that require guaranteed instant
payments.
BitPay has a strict Customer Due Diligence process. For high risk industries (e.g. gambling or forex) BitPay has
specific tooling in place, for example to check if the funds are originating from an illicit source.v
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DOWNLOAD
YOUR BITCOIN
WALLET HERE:
INVOICING
• The merchant invoices in his local currency, the customer pays in bitcoin
• Invoice in 40 languages
• Price in 150 currencies
PAYMENT
• The customer pays using his bitcoin wallet on mobile phone, tablet or desktop.
• BitPay is compatible with all bitcoin wallets
• Customer is protected from identity theft, no personal data is send with the transaction
CONFIRMATION
• Merchant is informed within seconds that the bitcoin payment has been received
Your customer chooses to pay with BitPay instantly converts the bitcoin,
bitcoin during the checkout process. shielding you from any volatility risk.
SETTLEMENT REPORTING
Receive ledger and settlement reports via our API and merchant.
REFUNDS
Initiate refunds through a simple API call or via our merchant dashboard.
NO RISK
BitPay instantly converts bitcoin, protecting the merchant from any bitcoin volatility.
INTEGRATION
BitPay has been partnering with more than 40 of the most popular E-commerce platforms and payment service
providers to make reliable, ready-to deploy integrations. Bitcoin payments are global, so there is no need for country
by country integrations.
For custom integration BitPay offers an API, with client SDK’s in 10 languages. Integration effort with BitPay is
comparable with integrating a real-time banking payment method. More information can be found
at bitpay.com/integrations