When you find out that a big company or franchise is accepting Bitcoin and look for the name of the payment processor, there is a big chance that you will find ‘BitPay’ written there. This company exploded during 2013 in terms of number of merchants and value of transactions, as well as global presence.
BitPay is not only the payment processor currently chosen by giants like the social gaming platform Zynga or the provider of online retail solutions Shopify. This company is also responsible for the cryptocurrency transactions that will soon start to happen between the NBA team Sacramento Kings and its Bitcoin-savvy fans. The first professional sports team on the planet to accept digital money for game tickets and merchandising chose BitPay as its payment processor and recently announced the partnership, which will start on March 1.
But it is not just a matter of attracting merchants. It is also a matter of allowing employers to pay their workers with Bitcoin without having to worry about the details. BitPay just released its Payroll API, which helps the employees to get their salary or a portion of it in cryptocurrency, avoiding taxes. The feature is still in beta, but BitPay intends to let it roll into the mainstream in a near future.
Besides, it’s not every company that gets to grow with the investment of the world’s ninth richest man and also Asia’s wealthiest entrepreneur. In December, Li Ka-shing (suggestive name, right?) decided to throw his money at BitPay via Horizons Ventures, his venture capital firm.
Are these enough reasons to want to know more about the numbers behind BitPay?
Believe us: if you find Bitcoin interesting, then this payment processor deserves your undivided attention for a few minutes while you scroll through the numbers and charts that make this infographic.
via Business 2 Community http://ift.tt/1aF4O0T
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