BitPay is a leading cryptocurrency payment processor that allows businesses to accept Bitcoin and other cryptocurrencies as a form of payment. It bridges the gap between traditional payment methods and the world of cryptocurrency, making it easier for businesses to participate in the growing crypto economy.
BitPay offers a variety of services to businesses, including a payment gateway, invoicing tools, and merchant support. When a customer pays with cryptocurrency, BitPay converts the cryptocurrency into fiat currency (like USD or EUR) and deposits the funds into the merchant’s bank account.