WHAT IS BITPAY?

The founders of BitPay saw the potential for bitcoin to revolutionize the financial industry, making payments faster, more secure, and less expensive on a global scale.Hence BitPay was founded in 2011 and today they have around 60000 merchants accepting Bitcoin payments.

BitPay bitcoin payment gateway is the most versatile, easy-to-use bitcoin API available. The API is based on JSON and includes command line utilities that provide an easy-to-use client interface.

HOW DOES BITPAY WORKS?

Once received, BitPay converts the bitcoin to your preferred currency and adds the full amount of the payment to your next BitPay account settlement. Funds are then deposited to your bank account or bitcoin address. You can accept bitcoin in a variety of ways.

 

PACKAGES OFFERED:

There are 3 types of packages offered by Bitpay:

FREE, BUSINESS AND ENTERPRISE. Each package has different set of features and you can opt. for any package depending upon your business needs and turnover.

The free package is pretty good and it offers:

  • 30 Transactions / Month
  • Up to $1,000 Daily and $10,000 Annually
  • only 1% applied to additional transactions

The Business package offers unlimited transaction and all free package features with 1% transaction fee along with:

  • Multi-User Login Access
  • Priority Support
  • Automatic Payment Exception Handling

If  your business makes $10 Million or more per month you can go for Enterprise Plan.It comes easy and economic for you large scale business along with features like:

  • Dedicated Account Manager
  • Bank Transfers available to across 240 countries
  • Mass Pay & Payroll Solutions
  • Engineering & Integration Services
  • Platform Customization

BITPAY WALLET:

 

BitPay has finally brought its secure Bitcoin wallet app to the Windows Store. This app will assist you to manage your bitcoin finances with the secure, open source wallet by BitPay. It features all the bitcoin security, store and send funds anywhere, buy and sell bitcoin, and turn bitcoin into dollars with the BitPay Visa Debit Card.

With the BitPay Wallet, your private keys and your money remain in your control at all times.

WHAT MAKES THEM STAND OUT?

Their versatile nature and the way they offer free features and charge less transaction fee makes them different.It is one of the most expanding payment gateways in India because it offer different packages depending upon businesses.

MODES OF PAYMENT:

  • Online payments
  •  In-store payments
  • Donations
  • Billing
  • Mobile application payments

FEATURES:

  • Direct Bank Deposit
  • Two-factor Authentication
  • Multi-user support
  • Invoicing in 40 languages
  • Mobile optimization
  • Shopping Cart Plugins
  • Embedded Invoices
  • E-mail invoicing
  • Billing Plugins
  • Web Based Checkout
  • FAQ’s and Support Guides
  • Forums for Product Feedback

OUR TAKE ON BITPAY:

The user ratings of BitPay are quiet good and impressive. G2 Crowd gave it 4.8/5 rating.The reviews available online are also in favour of their stars. Bitpay Payment Gateway in India is growing and reaching out to a lot of people with fast pace.It has good integrations to offer as well.It offers so many features in a package which is a bit difficult to overlook.In our viewpoint you can surely go for it and give it a try. It offers an easy process to get started with and is backed up by Bitcoin as well. Adding to this it has “BITPAY WALLET” for user’s convenience too.If you are planning to register for payment gateway in india which offers good customer support and have your back, go for them.

Hope this article helps to sort you out.

Thank you people.