BitPay is a Bitcoin payment solution created in 2011 by Tony Gallipi and Stephen Pair. The duo founded the Atlanta-based company as a payment gateway solution, enabling the acceptance of Bitcoin as a cryptocurrency payment option for retailers and businesses. Today, BitPay enables users to make payments from their Bitcoin wallets. It is resolved to fiat currencies (euros, dollars, pounds, etc.) and paid directly to the merchant’s account.
BitPay currently operates in over 40 different countries and supports cryptocurrency payments in other coins such as Ethereum, Dogecoin, Bitcoin Cash, Litecoin, etc., alongside five other stable coins (USDC, GUSD, BUSD, DAI, and PAX).
With an advanced payment engine, BitPay is the world’s biggest cryptocurrency payment processor, promoting borderless payments, consumer cryptocurrency payments, and widespread crypto payment adoption.
What Is a BitPay Card?
BitPay offers a wide range of product options, such as the BitPay app, which allows you to purchase gift cards with cryptos and order your BitPay card. The BitPay card allows Bitcoin users to make purchases with Bitcoin and Bitcoin cash using a debit card issued by the Metropolitan Commercial Bank and supported on the worldwide Mastercard payment network. This was made possible after successfully obtaining a license from Mastercard International Incorporated.
Can I use my BitPay card at an ATM?
Yes. BitPay card allows you to convert your crypto into dollars and major fiat currencies using any visa-enabled machine.