With a majority of
merchant processing volume flowing through BitPay, we wanted to share some insights on the transactions that involved consumer purchases.
Card sales and
merchant processing volume both grew double digits, reflecting our investments in new products and innovation focused on our customers» needs.»
He noted a 13 percent growth in client investment assets, and double - digit card sales and
merchant processing volume.
Not exact matches
I tend to find that flat - rate pricing is best for
merchants who are
processing small monthly
volumes.
These companies and others
process more than 118 billion transactions per year, representing over $ 2 trillion of purchase
volume each year, supporting nearly 4 million
merchants.
High
volume sales
merchants usually have the best luck negotiating credit card
processing fees.
This is a fee that will be on every single
merchant account and is based on
processing volume.
In 2017, the company has achieved a record year for
merchant payment
processing on the Bitcoin blockchain, now approaching $ 2 billion in annualized payment
volumes.
Earlier this year, Aliant paired with
Merchant e-Solutions to expand its client roster to include accounts with higher annual
processing volumes, such as e-commerce, travel, and B2B companies.
But while the platform
processes to be a significant upgrade for
merchants, it requires them to migrate to the new system, which some businesses — particularly those that see low
volumes of cryptocurrency payments — may decide is not worth the effort.
Bitpay is set to
process $ 1 billion per year in Bitcoin payments as its
merchants see a combined 328 percent annual
volume growth.
The company operates a
merchant payment
processing service along with their bitcoin exchange, which Coinhills ranks as the largest in both Japan and the world by bitcoin trading
volume.