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Demand explodes Verifone announces launch of cryptocurrency pay
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Date：2024-04-15 18:04:01 Channel：Trade Read：
In the digital age, payment methods are constantly evolving with the rise of cryptocurrencies. Recently, Verifone, a global payment technology leader, announced a partnership with cryptocurrency payment platform Bitpay to launch cryptocurrency payment services in the United States. This news triggered widespread attention and discussion in the market. As an industry leader, Verifone's cooperation with Bitpay, a leading cryptocurrency payment platform, will surely bring a new payment experience to consumers and merchants. This article will delve into the significance of the cooperation between Verifone and Bitpay, as well as the potential and prospects of cryptocurrency payments in the US market.Verifone is a global payments technology company founded in 1981, focused on providing secure and efficient payment solutions to retailers and financial institutions. Bitpay is a company focusing on cryptocurrency payments and is committed to promoting the popularity and application of digital currencies around the world. The cooperation between Verifone and Bitpay will bring many conveniences and opportunities to consumers and merchants.The four most famous international exchanges:
Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL
Note: The above exchange logo is the official website registration link, and the text is the APP download link.
First of all, the cooperation between Verifone and Bitpay will provide consumers with a more convenient and secure payment method. As cryptocurrencies continue to grow in popularity, more and more consumers are beginning to accept and use digital currencies for payments. Through Verifone's payment terminal equipment, consumers can easily pay with cryptocurrencies such as Bitcoin without carrying cash or credit cards, achieving a more convenient consumption experience.Secondly, the cooperation between Verifone and Bitpay will also bring more business opportunities and growth space to merchants. As cryptocurrency payments become more popular around the world, more and more merchants are beginning to accept cryptocurrencies as a payment method. By partnering with Bitpay, Verifone can help more merchants access the cryptocurrency payment system, expand their payment channels, and attract more consumers holding cryptocurrency, thereby increasing sales and profitability.In addition, Verifone’s cooperation with Bitpay will also promote the popularity and development of cryptocurrency payments in the US market. As one of the world's largest consumer markets, the United States' acceptance and demand for payment innovations have always been high. Through the cooperation between Verifone and Bitpay, cryptocurrency payments will further enter the daily lives of American consumers and become a more common and convenient payment method. This will set an example for the development of cryptocurrency on a global scale and promote the globalization of digital currency payments.
120BTC.com News: Verifone, a global payment system provider, announced a partnership with Bitpay to launch encrypted payments in the United States, enabling retailers to accept cryptocurrencies. Verifone used the term "explosion" to describe merchants' demand for encrypted payments.
Jeremy, Verifone’s Advanced Payment Methods (APM) project leader
Belostock said that demand for crypto payments has surged this year, and merchants are busy enabling several new advanced payment methods. This crypto payment solution solves potential challenges faced by merchants. There is no translation risk, low cost, and consumers will find the payment experience Seamless integration.
Verifone has 35 million devices in 150 countries and regions around the world, cooperates with more than 600,000 stores, and the platform handles more than 440 billion US dollars every year.
Verifone said that merchant demand for crypto payments has surged this year. Major retailers, including physical and e-commerce merchants, will soon be able to accept cryptocurrency payments through Verifone. Merchants will be able to accept crypto payments directly from Verifone without the need for a Bitpay account or funds. Quickly transfer money in traditional currency (such as USD) to merchants' bank accounts through Verifone.
Merchants with Verifone will be able to accept Bitpay-supported cryptocurrencies including Bitcoin, Ethereum, Dogecoin, Bitcoin Cash, Wrapped Bitcoin (WBTC), Litecoin and five U.S. dollar-pegged stablecoins: GUSD, USDC, PAX, DAI and BUSD.
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