Press Release: BitPay partners with Demandware for Bitcoin payment processing

Industry leading Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term payment processor BitPay has partnered with public enterprise cloud Ecommerce provider Demandware to offer its merchants BTC payment abilities.

The addition to Demandware’s long list of pre-built integrations and cutting-edge commerce technologies will now incorporate an easy to integrate Bitcoin payment solution through BitPay. Demandware joins a now long list of technology companies accepting Bitcoin, including Dell, TigerDirect, Overstock.com, and NewEgg.

Below is the official Press Release provided by BitPay:

BitPay, the world leader in business solutions for the bitcoin digital currency, today announced that it has become a Demandware LINK Technology Partner. BitPay will be joining a best-of-breed community committed to accelerating the adoption of innovative commerce technologies that are complementary to the Demandware® Commerce platform.

Demandware’s clients will now be able to easily add bitcoin as a form of payment thanks to BitPay’s development of a pre-built integration between its payment processing services and the Demandware Commerce platform.

Demandware provides its clients with access to a rich set of pre-built integrations to cutting-edge commerce technologies that now includes bitcoin 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 through BitPay. With the pre-built integration, retailers can integrate BitPay quickly and cost-effectively. Demandware merchants can now accelerate time to market, realize a faster return on investment, and unlock new revenue-generating opportunities.

Demandware’s enterprise cloud platform minimizes the costs and complexities of running global, omni-channel commerce operations. This platform empowers retailers to respond with agility to new market opportunities and evolving consumer expectations. As businesses begin to recognize the benefits of bitcoin, including the elimination of transaction fees and the minimization of fraud and chargeback risks, it is not surprising that the currency is on the rise. When considering these factors, it made perfect sense for Demandware Commerce to integrate with BitPay.

“The BitPay integration gives Demandware customers access to another innovative solution to effectively meet evolving consumer demands,” said Tom Griffin, SVP, Corporate Development at Demandware. “With BitPay, our joint customers can offer another payment option to their customers, further enhancing the consumer shopping experience.” “Our goal is to make it as easy as possible for merchants around the world to add bitcoin into their payment systems,” said Tony Gallippi, Co-founder and Executive Chairman of BitPay. “Our LINK cartridge offers retailers a quick and easy way to accept bitcoin as part of their payment options.”

Through BitPay, merchants can accept unlimited bitcoin payments with no processing fees and receive settlements in bitcoin or nine different fiat currencies. BitPay’s enterprise-grade API integrates easily into any payment system and gives businesses access to a worldwide customer base.