Blockchain Wallet, BitPay Partner To Offer New Ways To Spend Bitcoin

News | August 26, 2019 By:

Blockchain.com, a cryptocurrency wallet provider, has teamed with crypto payment processor BitPay to make spending bitcoin easier.

Founded in 2011, Blockchain.com is currently the provider of the world’s most popular bitcoin wallet and the most widely used bitcoin APIs. Blockchain.com currently has 30 million wallet users in over 140 countries.

BitPay is a crypto payment processor with a customer base of over 20,000 businesses globally. Its suite of products enables businesses to send and receive cross border payments, and enables consumers to manage digital assets with the BitPay Wallet and turn digital assets into dollars with the BitPay Prepaid Visa Card. Last year, the company has been granted a BitLicense by the New York Department of Financial Services (NYDFS).

Under the partnership, Blockchain.com will integrate Bitpay’s payment architecture into its wallet service to allow its users to copy or scan invoices and conduct a bitcoin payment completely via the wallet app. The partnership will also enable users to avail products and services from an extensive network of merchants while retaining ownership of the private keys.

“Beginning with bitcoin, users have a new way to spend their HODLings from the safety of their Wallet on an array of online stores within the BitPay ecosystem.” Blockchain.com said. “We’re excited to see this new addition connect our Wallet users to the world of merchants that accept bitcoin (and soon other cryptos) as a payment method — one of the key ways to interact with and grow the digital asset ecosystem.”