Sentences with phrase «convert bitcoin payments»

The merchants will be able to convert bitcoin payments into local currency and receive them in their accounts.
Coinbase's Instant Exchange features will convert bitcoin payments to U.S. dollars at the moment of transaction.
White points out that Coinbase charges a 1 percent flat per - transaction fee to convert Bitcoin payments to your local currency, after your first $ 1,000,000 USD in merchant processing.
As bitcoin is still relatively new, Zug immediately converts all bitcoin payments into Swiss fiat currency to minimize risk.
That third party vendor then immediately converts the bitcoin payments into US dollars so that we receive payment for the product sold at the sales price in US dollars.»
You also won't need a bank account assuming you don't need to convert the Bitcoin payment into fiat currency or want to sell it for cash in hand.

Not exact matches

Unlike other forms of payment, pledges made in Bitcoin are immediately dumped into Pozible's holding account, though they aren't actually converted until the project reaches its goal.
We now allow any European merchant to simply accept payments using the Bitcoin network without risk, since transactions collected in bitcoins are immediately converted to Euros.»
The deal about this kind of services is that they only convert bitcoin into rubles and execute payments by using the national Russian currency and so there are no reasons for the Russian government to consider it illegal.
Though Bitcoin's value has been slumping recently, merchants like Overstock are not affected because they accept the currency through a third - party payment processor, which converts the sales to dollars.
It further clarifies that the third - party in charge of processing purchases, Central Nervous, used BitPay, a company that specializes in processing payments with bitcoin for purchases large and small, including Lamborghinis, to convert bitcoin into dollars before any profits reached Jackson's company G - Unit Records.
What does matter is that the decision to convert bitcoin to dollars at the time of payment appears to mean Jackson never was a bitcoin millionaire, no matter how much he may have later enjoyed looking like one.
The second largest independent ATM deployer in Australia Stargroup has signed a joint venture agreement with blockchain payment solutions company Digitalx to convert their existing ATMs into Bitcoin ATMs (BTMs).
If your wallet currency is set to USD, then the bitcoin payment will be converted into USD upon receipt.
The way OneBit works is as follows: the app will serve as a mobile Bitcoin wallet, which can convert to fiat currency on the fly — at the best rate available — and lets users pay for goods and services wherever NFC payments are possible.
When we launched Abra as a platform for enabling money transfer and payments using bitcoin, users immediately started giving us feedback that Abra was now their go - to method to convert between fiat and bitcoin.
On the edges, whether it's on the settlement side or on the payment side, we can convert into and out of bitcoin.
If you receive payments with Bitcoin, many service providers can convert them to your local currency.
Freelancers are using their Wirex wallet to get paid directly in bitcoin from clients, and instantly convert and load their Wirex virtual or plastic payment cards.
Some firms, such as Perkins Coie LLP, have also begun accepting bitcoin as payment, immediately converting payments upon receipt given the cryptocurrency's high volatility.
The BitPay secure bitcoin wallet is giving consumers a powerful toolkit for getting started right with bitcoin payments, and the BitPay Card gives bitcoin users a fast way to convert bitcoin into dollars and spend their funds anywhere Visa ® is accepted.
Once received, BitPay converts the Bitcoin or Bitcoin Cash to your preferred currency and adds the full amount of the payment to your next BitPay account settlement.
The second largest independent ATM deployer in Australia Stargroup has signed a joint venture agreement with blockchain payment solutions company Digitalx to convert their existing ATMs into Bitcoin ATMs (BTMs).
, an application that would allow users to convert their payment channel balances to bitcoin and back without closing the channels themselves.
Eclair is also working on Lightning Conductor, an application that would allow users to convert their payment channel balances to bitcoin and back without closing the channels themselves.
In the past, BitPagos has become known in the Bitcoin community by enabling merchants in inflation - riddled countries, such as Serrano's birthplace of Argentina, to convert credit card payments into bitcoins.
A London - based bitcoin exchange CoinMate and a U.K. payment provider MoneyPolo announced partnership that will enable users worldwide to convert cash into bitcoin.
The new partnership allows European retailers to accept payments in bitcoins and immediately convert them into euros.
Not only travelers will be able to convert any of their fiat currency to Bitcoins, but also it will allow them to enjoy shopping at the airport shops if the retail sectors also accepts Bitcoin in form of payments.
Visa has already partnered with bitcoin payment service provider BitPay for a Visa - branded card that allows BitPay clients to add bitcoin online and spend the balance — automatically converted into U.S. dollars — at stores or withdraw from ATMs.
Apart from allowing Arizonan citizens to mitigate their state tax payments via Bitcoins, the bill also specifies the requirement of state government to convert their cryptocurrency payments into US dollars within the passage of 24 hours from the time of receipt.
KryptoMoney: Have you partnered up with any payment gateway to convert Bitcoins into fiat currencies?
Bitcoin Central first became famous in December 2012 when the exchange announced an agreement with the payment services provider Aqoba to convert the fiat currency portion of its users» exchange accounts into what would essentially be bank accounts.
We have designed the payment system to work seamlessly so that Bitcoin payments are automatically converted to ProtonMail credits which can be used to pay for upgrades, pay invoices, or top up your account.
As a business that operates on a freemium model - where the payment process needs to be compelling enough to convert cost free customers into paying ones - not having a barrier to entry for bitcoin users makes sense.»
Coincheck will process payments made by consumers using the app, converting bitcoins into yen and transferring the funds to the store.
Bitcoin payments made during the company's business hours are processed instantly, bitcoins are converted into Vietnamese đồng and transferred to the recipient's bank account.
``, it makes sense to receive payments in bitcoin instead of PayPal or other online payment systems if the cost of converting your bitcoins into local currency in your market is cheaper than the 3 % + PayPal fees.
«NETELLER already provides merchants and customers a broad and diverse set of online payment options and the addition of Bitcoin gives them another valuable payment method to help convert more transactions» said Joel Leonoff, president and CEO, Optimal Payments.
Bitcoin payments are generally processed by payment processors like Coinbase or BitPay and converted into the merchant's local currency to avoid volatility of exchange rates.
The checkout process converts the price denominated in the South African rand to bitcoin based on BitX exchange rates, displaying the converted price before payment is sent.
Many people who trade Bitcoin either as a payment method on their websites or when trading it on crypto exchanges, use debit cards to convert the earned or acquired cryptocurrencies into cash.
The exchange's free - to - use payment gateway allows businesses to integrate bitcoin payments on their websites free of charge, converting received bitcoin into GBP on CoinCorner if they so choose.
Payments take place through the company's platform and, if desired, bitcoin can be converted instantly to fiat currency at the time of sale.
Mobi makes cross-border payments instant and makes Bitcoin a much more convenient currency to use in everyday life with quick, simple conversions and a debit card, so users can quickly convert crypto for use anywhere from the convenience of their phones.
It features a single panel of operation for sending and receiving payments and shows users only the converted fiat currency value of their bitcoin holdings.
It allows you to convert DASH to Bitcoin and send payments to merchants that only accept Bitcoin.
Bitmarket.ph is a great solution for retailers — both in the online and offline spaces — to accept Bitcoin payments at 0 % fees, and have the order amount converted to local currency and paid out the next business day.
However, we work with bitcoin payment processors to instantly convert those funds to US dollars.
Many businesses have started to accept Bitcoin payments for goods and services, but many still don't — despite the number of Bitcoin payment processing companies that allow businesses to convert Bitcoin to fiat currency instantly to avoid market fluctuations.
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