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BitPay Bringing BTC, ETH and BCH Payments to 100,000 Retailers – XRP Mysteriously Missing

by Daily Hodl Staff
February 12, 2020
in Bitcoin, Ethereum, Ripple and XRP

Crypto payments provider BitPay is teaming up with the point-of-sale service company Poynt to bring Bitcoin, Ethereum and Bitcoin Cash payments to 100,000 retailers around the world.

The partnership will allow consumers to pay merchants in BTC, ETH and BCH, the first, second and fourth-largest cryptocurrencies by market cap, by using a simple scan of a QR code. According to a press release, users can also pay with three stablecoins that are pegged to the US dollar.

The integration of the two technologies is designed to create a seamless checkout experience that’s faster and more secure than traditional payment methods like cash or credit cards.

BitPay CEO Stephen Pair says the partnership will give it a foothold to in-store payments on a large scale.

“It’s a massive growth opportunity for BitPay, and an important milestone in our now nine-year mission to make payments faster, more secure and less expensive for people and businesses.”

BitPay partnered with Ripple back in October and now supports XRP on its cross-border payments platform.

However, it appears that the third-largest cryptocurrency by market cap is not part of the new point-of-sale partnership with Poynt.

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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