Bitpay wins Firm of the Yr Award from market evaluate company.
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Digital asset transaction platform, Bitpay, has gained the Frost & Sullivan Firm of the Yr Award within the replace payments category.
“Bitpay is a stunning industry leader, handing over very most reasonable practices in progress, innovation, and leadership,” David Frigstad, Frost & Sullivan’s chairman, acknowledged in a June 23 assertion.
Frost & Sullivan is a essential market evaluate company over 50 years venerable.
Bitpay facilitates charge in Bitcoin
Based in 2011, Bitpay paved the formula for agencies to settle for Bitcoin as a invent of charge. Working in 164 countries, Bitpay has constructed-in with extra than 20,000 companies, in step with Cointelegraph’s Bitpay profile.
Bitpay blazed a path for crypto payments, giving the industry accurate-world application sooner than any of its opponents. This helped push the platform to the head of the award candidates, in step with Frigstad.
Bitpay enables bigger customer attain
Bitpay offers companies a much wider door for accepting customer payments globally, the assertion acknowledged of Frost & Sullivans findings. The platform moreover houses computerized bitcoin and cash conversion, hoping on particular person preference.
The charge processor is moreover aware of laws, and hosts robust leadership, in step with Frost & Sullivan within the assertion.
“It be an honor to be thought about amongst the arena’s prime charge companies and to be named Firm of the Yr,” Stephen Pair, Bitpay CEO, acknowledged within the assertion, noting the corporate moreover appears to be like to be in opposition to adding extra merchants in 2020.
Cointelegraph reached out to Bitpay for commentary, but didn’t receive a response sooner than e-newsletter. We are able to update this legend as important.