BitPay Partners with Adyen to Enable Bitcoin Payment Option for Clients
BitPay has partnered with international payment processing giant Adyen to enable bitcoin as a payment option for its supported clients. As explained by BitPay, the partnership gives the opportunity for some of the biggest companies in the world to accept bitcoin.
The first of Adyen's clients to enable the option was Jagex, a creator of mobile games including the popular RuneScape.
Adyen supports over 180 currencies and 250 payment methods, processing $25 billion in transactions last year. It started in 2006 and has since grown to over 190 employees serving over 3,500 clients.
In addition to facilitating the core function of Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term, the company provides insights into KPIs such as conversion metrics and shopper behavior on a site's checkout page. Its payment platform is certified PCI Level 1. Other tools include a Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term system which assesses a given transaction's fraud score, helping reduce the likelihood of chargebacks.
Bitcoin payment processors like BitPay and Coinbase have made a number of notable partnerships during the last year. On this integration, however, BitPay points out, "These are the types of integrations needed to advance bitcoin."
BitPay has partnered with international payment processing giant Adyen to enable bitcoin as a payment option for its supported clients. As explained by BitPay, the partnership gives the opportunity for some of the biggest companies in the world to accept bitcoin.
The first of Adyen's clients to enable the option was Jagex, a creator of mobile games including the popular RuneScape.
Adyen supports over 180 currencies and 250 payment methods, processing $25 billion in transactions last year. It started in 2006 and has since grown to over 190 employees serving over 3,500 clients.
In addition to facilitating the core function of Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term, the company provides insights into KPIs such as conversion metrics and shopper behavior on a site's checkout page. Its payment platform is certified PCI Level 1. Other tools include a Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term system which assesses a given transaction's fraud score, helping reduce the likelihood of chargebacks.
Bitcoin payment processors like BitPay and Coinbase have made a number of notable partnerships during the last year. On this integration, however, BitPay points out, "These are the types of integrations needed to advance bitcoin."