New features with the BitPay update
New features with the BitPay update
Blockchain

New features with the BitPay update

By Alfredo de Candia - 2 Aug 2019

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BitPay, a company founded in May 2011 and focused on simplifying the adoption of bitcoin payments for businesses, yesterday announced some updates.

The new features include a new dashboard with more details of the various activities and customisation options that allow adding payments for the various blockchains.

bitpay new futures

Another new feature of the update is a simplified access to the platform through BitPay ID, a simple system that allows the management of all the products offered by BitPay through a single KYC.

bitpay new futures

Finally, as part of the BitPay updates, a new identity check has been introduced when requesting refunds of $1000 or more, payouts and payment volumes of $3000 bitpay new futures

Through these updates, BitPay is trying to streamline the platform in order to simplify the process of receiving payments via crypto.

However, in the meantime, it has also come to light that BitPay has had to cease operations in Germany due to some restrictions.

As can be read in a press release today:

“Germany has publicly stated that they want crypto companies to apply for a license starting in 2020. We have paused operations in Germany while we evaluate the need for German licenses”.

Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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