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BitPay Merchants Can Now Receive Multi-Cryptocurrency Settlements

BitPay Merchants Can Now Receive Multi-Cryptocurrency Settlements
By: bitpay.com Posted On: January 08, 2019 View: 9

BitPay Merchants Can Now Receive Multi-Cryptocurrency Settlements

multiple-cryptocurrency-settlement

In 2018, we added support for four additional cryptocurrency settlement options for BitPay merchants. In addition to Bitcoin (BTC), BitPay merchants can receive settlements in Bitcoin Cash (BCH) and three stablecoins (GUSD, USDC, and PAX).

Now we're happy to share a new improvement: merchants can receive their BitPay settlements in up to five of these cryptocurrencies at once, in addition to their supported local currency.

Here's a glimpse of the new settlements page merchants can see when they log into their BitPay accounts:

settlement-dashboard

Want to start receiving multi-cryptocurrency settlements for your BitPay payments? View our guide to getting started.

We’re excited to provide additional options and to give our merchants more flexibility with their settlements. We hope to continue adding valuable options for our merchants and their customers.

Want to learn about why we started settling in stablecoins like GUSD, USDC, and PAX in 2018? Read our blog post, “Why is BitPay Settling to Merchants with Stablecoins?”

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