Bitpay declares all-inclusive processing prices for merchants

Three new pricing plans have been announced by Bitpay based on features and value with no transaction fees charged. From

Three new pricing plans have been announced by Bitpay based on features and value with no transaction fees charged.

From November merchants will be able to choose a plan, according to the feature sets they require, with unlimited transactions included.

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Tony Gallippi, co-founder and CEO of Bitpay, explains Bitpay’s motivation for its new pricing structure: “No merchant service riding on the traditional interchange rails can offer all-inclusive pricing because there are three or four middlemen who want a cut of every transaction. Some processors tease with flat-rate pricing, but there are many hidden fees and limitations that make flat-rate offers an illusion.”

The all-inclusive plans include access to 20 shopping cart plugins, sample code libraries, client billing tools, and a bitcoin payment gateway API. The premium plans include priority telephone support and VPN access.  And, with a focus on assisting small businesses, according to BitPay, its pricing can start at a $30 minimum per month.

In an interview with Payment Magnates, Paige Freeman, Bitpay’s offers detailed information about bitcoin processing for merchants.

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