Bitpay Inc

Posted : admin On 1/29/2022

The push to increase the utility of cryptocurrency for purchases got a shot in the arm Friday as BitPay Inc., an Atlanta-based processor that offers crypto e-wallets, announced its prepaid Mastercard cardholders can add their card to the Apple Wallet and make purchases using Apple Pay.

The BitPay Mastercard is funded through the conversion of cryptocurrency to dollars that are then loaded onto the card. Cardholders can use the card to make purchases in-store and online, as well as withdraw cash from ATMs.

BitPay is a blockchain payment technology company based in Atlanta, Georgia and serves as a platform enabling merchants and individual customers in the United States and around the world to. 1 day ago  WeWork, a U.S.-based flexible space provider, announced earlier this week is now accepting payment in select cryptocurrencies. The company is notably working with BitPay and Coinbase to utilize. ‎Download apps by BitPay, Inc., including BitPay – Buy Crypto, Copay Bitcoin Wallet, BitPay Checkout, and many more.

“There is growing demand for cryptocurrency to have more utility for payment,” says Bill Zielke, chief marketing officer for BitPay. “Our users want to live their life on cryptocurrency, and adding our card to the Apple Wallet and enabling it to be used for purchases through Apple Pay is a feature that our customers want.”

In addition to supporting Bitcoin, the BitPay Wallet app supports Bitcoin Cash and Ether, as well as four stablecoins pegged to the dollar, USDC, GUSD, PAX, and BUSD.

BitPay plans also to enable its wallet and prepaid card to be supported by the Google Pay and Samsung Pay wallets. Those agreements are expected to be announced later in the first quarter, Zielke says.

“Many of our users have Android phones and want options beyond Apple Pay to utilize their cryptocurrency assets, which is why we are working with Google Pay and Samsung Pay,” Zielke says. One factor driving demand for cards backed by digital currency is that merchant acceptance for crypto is lagging, according to Zielke. “Consumers aren’t waiting for merchants to come around to cryptocurrency, and cards funded with cryptocurrency are a way to sidestep the lack of merchant acceptance,” he says.

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Valuation

Court of Appeals for the Ninth Circuit

Originating Court Information

Opinions Outside of RECAP Collection

  • James T. Cosgrave v. State of California, 47 F.3d 1175 (9th Cir. 1995)
    Feb. 16, 1995
Date Filed

Mar 27, 2020

Who Owns Bitpay

Bitpay

DOCKETED CAUSE AND ENTERED APPEARANCES OF COUNSEL. SEND MQ: Yes. The schedule is set as follows: Appellant Ox Labs Inc. Mediation Questionnaire due on 04/03/2020. Transcript ordered by 04/24/2020. Transcript due 05/26/2020. Appellant Ox Labs Inc. opening brief due 07/06/2020. Appellee Bitpay, Inc. answering brief due 08/05/2020. Appellant's optional reply brief is due 21 days after service of the answering brief. [11644396] (JBS) [Entered: 03/27/2020 03:10 PM]

Bitpay IncBitpay Inc

Apr 1, 2020

Filed (ECF) Appellant Ox Labs Inc. Mediation Questionnaire. Date of service: 04/01/2020. [11648895] [20-55336] (Leider, Philip) [Entered: 04/01/2020 02:09 PM]

Apr 1, 2020

The Mediation Questionnaire for this case was filed on 04/01/2020.To submit pertinent confidential information directly to the Circuit Mediators, please use the following link.Confidential submissions may include any information relevant to mediation of the case and settlement potential, including, but not limited to, settlement history, ongoing or potential settlement discussions, non-litigated party related issues, other pending actions, and timing considerations that may impact mediation efforts.[11649376]. [20-55336] (AD) [Entered: 04/01/2020 06:44 PM]

Inc

Apr 7, 2020

What Is Bitpay

MEDIATION CONFERENCE SCHEDULED - DIAL-IN Assessment Conference, 04/28/2020, 11:00 a.m. PACIFIC Time. The briefing schedule previously set by the court remains in effect. See order for instructions and details. [11654870] (CL) [Entered: 04/07/2020 08:38 PM]