BitPay has announced a new pricing plan for their Bitcoin payment processing services.
Their basic plan, through which merchants can process an unlimited amount of Bitcoin transactions, convert them into fiat currency instantly, receive a daily bank deposit, and more, are now entirely free, forever.
“When we started BitPay in 2011,” CEO Tony Gallippi said in a press release, “we saw an opportunity to…give merchants…relief from interchange fees. By offering a basic plan that is free, we give merchants yet another reason to be excited about Bitcoin.”
A Competitive Market
The Bitcoin payment processing market is becoming flooded with new players who want to help businesses accept Bitcoin simply and easily.
More payment processors are beginning to look at models for offering free payment processing for merchants, but BitPay is one of the first to publicly announce such a plan.
To contact BitPay about accepting Bitcoin in your business, visit their official website.
BitPay Announces Updates To Its Payment Structure: Basic Plan Is "Free Forever"
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