BitPay, the world’s leading Bitcoin and cryptocurrency payment service, has unveiled an enhanced payment experience for its crypto customers, which is set to roll out this week.
According to a blog post released on January 9, Bitpay will support dozens of new cryptocurrencies, allowing customers to make payments with community-driven assets such as Uniswap (UNI), Binance Coin (BNB), Chainlink (LINK), Cronos (CRO), VERSE (VERSE), Basic Attention Token (BAT), and many more.
With this update, BitPay will enable payments for leading merchants such as Newegg, Jomashop, PacSun, Gucci, Ralph Lauren, and AMC Theatres, supporting transactions both online and in person. This will be fostered by BitPay’s ability to process payments from various wallets, ensuring a seamless experience for customers using their preferred cryptocurrency wallet.
BitPay’s Bill Pay solution covers over 5,000 providers, allowing users to settle credit card bills, car payments, mortgages, student loans, personal loans, and more. The platform supports major providers, such as Chase Bank, Bank of America, Citibank, Capital One Auto Finance, Wells Fargo Auto, and many others.
The payment company offers a flexible solution with its crypto debit card, providing fee-free instant conversion of Bitcoin and other cryptocurrencies. Furthermore, it facilitates payments on car loans, enabling users to connect bills with prominent auto loan providers such as Capital One Auto Finance, Wells Fargo Auto, Toyota Financial Services, Ford Credit, and more.
Also, BitPay has gone a step further by allowing users to repay personal loans through its Bill Pay feature. This opens up avenues for payments to major lenders like SoFi, Marcus by Goldman Sachs, Avant, Upstart, LendingClub, and several others.