Bitpay Sprints Towards Processing $1B Bitcoin Payments Annually

[jamie.redman1]

The global bitcoin payment service provider, Bitpay, has released a progress report that details the company’s payment volume has grown exponentially this year by 328 percent. The Atlanta-based company founded in 2011 says it’s steadily approaching US$1B in bitcoin payments processed annually.

Bitcoin has had a phenomenal year in 2017 creating many milestones and the startup Bitpay is breaking records this year as well. The business created by Stephen Pair and Tony Gallippi started six years ago, and since then the company has become the largest bitcoin payment provider globally.

“We’ve seen major growth this year,” explains Bitpay. “We’re now on pace to process over $1B annually in bitcoin payment acceptance and payouts, and we’ve already grown our payments dollar volume 328% year-over-year from 2016.”

Read More Here >>> https://news.bitcoin.com/bitpay-sprints ... -annually/

[nandibear]

Excellent work, Mr. Redman!

I'm very interested in reading news regarding Bitpay as I believe that they are helpful to many Americans who are not eligible for bank accounts (bad credit and/or old bad accounts) and in turn cannot receive ACH transfers if they want to convert BTC to fiat.