So just to clarify: All fees are now 0.99% correct? Because before there was extra fees for settlement outside the US (3.5% for Canada if I remember)
Topic: BitPay Exceeds $2 Million in Transactions in March, Lowers Fees for All Merchant (Read 3510 times)
March 28, 2013, 11:26:46 PM
March 26, 2013, 08:29:12 AM
I was wondering, have you been thinking about offering both "bitcoin payment" and "credit card payment" ? Of course, with a much higher fee on credit cards (I guess you wouldn't be able to keep them low).
You've probably thought about it and ruled out the idea. Just a thought.
You've probably thought about it and ruled out the idea. Just a thought.
March 26, 2013, 06:30:27 AM
Excellent news! Now merchants should have even bigger incentive to take BTC instead of CC.
March 26, 2013, 06:27:17 AM
Great move, congratulations on the success, BitPay! :-)
So, how about accepting Bitcoin (-donations) and receiving Euros via SEPA banktransfer?
0.99% fee, and according to https://bitpay.com/bitcoin-direct-deposit thats it?
Is there an option to automatically do a bank transfer whenever 20 Euro are reached?
Exciting!
Ente
So, how about accepting Bitcoin (-donations) and receiving Euros via SEPA banktransfer?
0.99% fee, and according to https://bitpay.com/bitcoin-direct-deposit thats it?
Quote
Conversion and Settlement is offered for no additional charge.
Quote
Minimum Settlement 20 EUR
Quote
Payments in Euros are only available to bank accounts in Germany, France, Spain, Italy, Finland, Belgium, and the Netherlands.
If I interpret that right - awesome!Is there an option to automatically do a bank transfer whenever 20 Euro are reached?
Exciting!
Ente
March 26, 2013, 02:52:10 AM
you guys shouldn't add too much incentive to cash out USD though. 
hehe, I thought that too.
Congratulations Bitpay. You've just raised the bar significantly.
March 26, 2013, 12:19:45 AM
Does 2M$ include Avalon's 3rd batch ?
Of course not, Avalon's batch 3 has $3M in value
March 25, 2013, 08:56:58 PM
Does 2M$ include Avalon's 3rd batch ?
March 25, 2013, 03:51:26 PM
Take that Paul Krugman!!!!
March 25, 2013, 02:37:29 PM
you guys shouldn't add too much incentive to cash out USD though.
March 25, 2013, 02:22:02 PM
http://uptweet.com/viewStory?id=1115
All processing fees now 0.99% including settlement in any local currency we support.
Quote
“We chose to celebrate this milestone by rewarding all merchants, large and small, with an across-the-board fee reduction, instead of offering tiered pricing which rewards only the largest merchants,” says Tony Gallippi, co-founder and CEO of BitPay. “We want our merchants to use this fee reduction to offer discounts and incentives to their customers for paying with bitcoin.”
This is a great move! Cheers
March 25, 2013, 02:17:03 PM
Fantastic news, many congratulations to Bitpay.
March 25, 2013, 02:13:48 PM
Awesome, now I will probably switch back from coinbase for selling. BitPay has always been faster, and now they are cheaper too.
wait, so you as an individual can sell BTC via Bitpay?
I am a merchant.... I sell trinkets to myself and get USD in my bank the next day.
March 25, 2013, 02:10:28 PM
Awesome, now I will probably switch back from coinbase for selling. BitPay has always been faster, and now they are cheaper too.
wait, so you as an individual can sell BTC via Bitpay?
March 25, 2013, 02:00:51 PM
Awesome, now I will probably switch back from coinbase for selling. BitPay has always been faster, and now they are cheaper too.
March 25, 2013, 01:40:52 PM
Woohoo!!!!
This is really incredible!!! Forget all that Cyprus hullabaloo, THIS is the biggest news for Bitcoin's fundamentals all month!!!
I think you guys are now undercutting practically every payment processor I've ever heard of!!
March 25, 2013, 01:35:40 PM
March 25, 2013, 12:36:48 PM
Wow, great job!
Who says that with bitcoin you cannot buy anything?
Who says that with bitcoin you cannot buy anything?
March 25, 2013, 12:35:29 PM
Wow now those are some amazing currency conversion fee's! That is the same essentially as interbank. Good job guys, I'm a happy customer.
March 25, 2013, 12:05:14 PM
Excellent news
March 25, 2013, 11:38:46 AM
Is that possible yet? Just curious.
Great news regardless!!!
They did it! Now it's 0,99%!
March 25, 2013, 11:18:48 AM
What was the previous processing fee? 3.5%?
March 25, 2013, 11:17:52 AM
Is that possible yet? Just curious.
Great news regardless!!!
March 25, 2013, 11:12:21 AM
Ur getting 1k of new merchants by month :O Thats crazy.
Congratz!
Congratz!
March 25, 2013, 11:03:53 AM
Excellent, looks like a very smart move to me.
Also, right now many Bitcoin users rather not pay in bitcoin as they believe it will rise in value, so it's more profitable to pay in fiat. Would it be possible for Bitpay to team up with Coinlab, Bitstamp or other large exchanges, to give people paying in bitcoin the option to instantly buy some extra bitcoins?
Also, right now many Bitcoin users rather not pay in bitcoin as they believe it will rise in value, so it's more profitable to pay in fiat. Would it be possible for Bitpay to team up with Coinlab, Bitstamp or other large exchanges, to give people paying in bitcoin the option to instantly buy some extra bitcoins?
March 25, 2013, 10:52:05 AM
Sweet! We've been real happy with your services.
March 25, 2013, 10:50:43 AM
Awesome news.
Shouldn't this be in Service Announcements though?
Shouldn't this be in Service Announcements though?
March 25, 2013, 10:38:36 AM
That is awesome!
March 25, 2013, 10:35:03 AM
Great news!!!
March 25, 2013, 10:33:23 AM
http://uptweet.com/viewStory?id=1115
All processing fees now 0.99% including settlement in any local currency we support.
Quote
“We chose to celebrate this milestone by rewarding all merchants, large and small, with an across-the-board fee reduction, instead of offering tiered pricing which rewards only the largest merchants,” says Tony Gallippi, co-founder and CEO of BitPay. “We want our merchants to use this fee reduction to offer discounts and incentives to their customers for paying with bitcoin.”
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