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.