BitPay Shifts Focus from Payments and Merchants to Large Banks

By June 18, 2015Bitcoin Business

Bitcoin payment processor BitPay has announced at the Money Conf Belfast that the startup will shift its focus from merchant payment platforms and services to working with large financial institutions and banks.

BitPay plans to implement the payment infrastructure that was initially developed to secure BitPay’s accounting system to settle credit card and bank settlements by simplifying and securing the process of transferring money from one account to another using the Bitcoin blockchain.

Bitpay CEO Stephen […]

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