{"id":472770,"date":"2021-09-29T21:00:30","date_gmt":"2021-09-29T21:00:30","guid":{"rendered":"https:\/\/wncen.com\/?p=472770"},"modified":"2024-06-11T13:59:05","modified_gmt":"2024-06-11T13:59:05","slug":"verifone-bitcoin-payments-us","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/verifone-bitcoin-payments-us\/","title":{"rendered":"Verifone Brings Bitcoin Payments To Thousands Of Merchants Across The U.S."},"content":{"rendered":"<p class=\"p1\">Bitcoin payments are gaining traction as the asset price has grown. With El Salvador making the cryptocurrency a legal tender, it is only a matter of time until other countries follow in its footsteps. Making the implementation of BTC payments important for companies who want to stay competitive in the long run. Major outlets have begun to accept crypto payments.<\/p>\n<p class=\"p1\">The latest of these has been AMC Theaters, which announced that it was going to begin accepting payments in various cryptocurrencies by the end of the year. This will enable theatergoers to pay for their tickets and concessions using Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, with the addition of Dogecoin currently in the pipeline. Now joining the ranks of institutions accepting BTC payments is technology company Verifone.<\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading |\u00a0<a href=\"https:\/\/wncen.com\/news\/bitcoin\/jpmorgan-ceo-doesnt-care-if-bitcoin-grows-10x-in-five-years\/\">JPMorgan CEO Doesn\u2019t Care If Bitcoin Grows 10X In Five Years<\/a><\/strong><\/em><\/p>\n<h2 class=\"p1\">Bringing Bitcoin Payments To The Forefront<\/h2>\n<p class=\"p1\">Thanks to a recent partnership, Verifone has now brought bitcoin payments to thousands of merchants across the United States. The company which is known for producing payments processing technology is now bringing a new solution to its users. Verifone is one of the largest suppliers of credit card reader machines in the world. With its already established notoriety, it is now enabling the merchants who use its payments technology to accept cryptocurrency payments.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/oklZ36NV\/\" alt=\"Bitcoin price chart from TradingView.com\" width=\"1354\" height=\"686\"><\/p>\n<pre style=\"text-align: center\">BTC price falls to $41K | Source: <a href=\"https:\/\/www.tradingview.com\/chart\/UG2tjOD6\/\" rel=\"nofollow\">BTCUSD on TradingView.com<\/a><\/pre>\n<p class=\"p1\">Verifone partnered with Bitpay in order to merchants who desire to accept bitcoin payments. Bitpay will mitigate volatility issues by directly sending the BTC payments straight to the merchants\u2019 accounts via fiat currency. This means that when a user pays for a good or service using bitcoin, the equivalent dollar amount of the bitcoin collected will be automatically deposited into the merchant\u2019s bank account.<\/p>\n<p class=\"p1\">BitPay is one of the leading crypto payments processors in the world and with over 30,000 bitcoin transactions processed every month, it puts it in a prime position to help Verifone bring this service to the public.<\/p>\n<h2 class=\"p1\">Buy And Pay How You Want<\/h2>\n<p class=\"p1\">Being able to spend bitcoin has been a pain point for the industry since day 1. Due to this, the digital currency has been mostly relegated to being just an investment asset rather than being used as an actual real-world currency. But growing popularity among users has prompted companies to start considering and accepting, BTC payments for the goods and services which they offer.<\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading |\u00a0<a href=\"https:\/\/wncen.com\/news\/bitcoin\/5b-bitcoin-and-ethereum-moved-from-cold-wallets\/\">Over $5 Billion In Bitcoin And Ethereum Moved From Cold Wallets Amid China Crackdown<\/a><\/strong><\/em><\/p>\n<p class=\"p1\">Verifone has stepped up to take on the mantle of making bitcoin transactions easier and seamless. According to Mike Pulli, CEO of Verifone, the company has received massive interest for its latest offering. Explaining that the company already has a backlog of merchants who are interested in implementing BTC payments. \u201cThere\u2019s lots and lots of interest. I think our phones will be ringing off the hook,\u201d Pulli said.<\/p>\n<p class=\"p1\">Although the company is yet to disclose which merchants are going to be accepting BTC payments, Pulli explained that the partnership was made in a bid to give consumers more options. \u201cIf they decide to buy a pizza with Visa or AmEx or crypto, we don\u2019t care. We just want to give them the flexibility to pay the way they want to,\u201d the CEO said in an interview.<\/p>\n<pre style=\"text-align: center\">Featured image from Investopedia, chart from TradingView.com<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin payments are gaining traction as the asset price has grown. With El Salvador making the cryptocurrency a legal tender, it is only a matter of time until other countries follow in its footsteps. Making the implementation of BTC payments important for companies who want to stay competitive in the long run. Major outlets have begun to accept crypto payments. The latest of these has been AMC Theaters, which announced that it was going to begin accepting payments in various cryptocurrencies by the end of the year. This will enable theatergoers to pay for their tickets and concessions using Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, with the addition of Dogecoin currently in the pipeline. Now joining the ranks of institutions accepting BTC payments is technology company Verifone. Related Reading |\u00a0JPMorgan CEO Doesn\u2019t Care If Bitcoin Grows 10X In Five Years Bringing Bitcoin Payments To The Forefront Thanks to a recent partnership, Verifone has now brought bitcoin payments to thousands of merchants across the United States. The company which is known for producing payments processing technology is now bringing a new solution to its users. Verifone is one of the largest suppliers of credit card reader machines in the world. With its already established notoriety, it is now enabling the merchants who use its payments technology to accept cryptocurrency payments. BTC price falls to $41K | Source: BTCUSD on TradingView.com Verifone partnered with Bitpay in order to merchants who desire to accept bitcoin payments. Bitpay will mitigate volatility issues by directly sending the BTC payments straight to the merchants\u2019 accounts via fiat currency. This means that when a user pays for a good or service using bitcoin, the equivalent dollar amount of the bitcoin collected will be automatically deposited into the merchant\u2019s bank account. BitPay is one of the leading crypto payments processors in the world and with over 30,000 bitcoin transactions processed every month, it puts it in a prime position to help Verifone bring this service to the public. Buy And Pay How You Want Being able to spend bitcoin has been a pain point for the industry since day 1. Due to this, the digital currency has been mostly relegated to being just an investment asset rather than being used as an actual real-world currency. But growing popularity among users has prompted companies to start considering and accepting, BTC payments for the goods and services which they offer. Related Reading |\u00a0Over $5 Billion In Bitcoin And Ethereum Moved From Cold Wallets Amid China Crackdown Verifone has stepped up to take on the mantle of making bitcoin transactions easier and seamless. According to Mike Pulli, CEO of Verifone, the company has received massive interest for its latest offering. Explaining that the company already has a backlog of merchants who are interested in implementing BTC payments. \u201cThere\u2019s lots and lots of interest. I think our phones will be ringing off the hook,\u201d Pulli said. Although the company is yet to disclose which merchants are going to be accepting BTC payments, Pulli explained that the partnership was made in a bid to give consumers more options. \u201cIf they decide to buy a pizza with Visa or AmEx or crypto, we don\u2019t care. We just want to give them the flexibility to pay the way they want to,\u201d the CEO said in an interview. Featured image from Investopedia, chart from TradingView.com<\/p>\n","protected":false},"author":541,"featured_media":472773,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,435,667,1119,1144,78790],"class_list":["post-472770","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-adoption","tag-bitcoin-payments","tag-btc","tag-btcusd","tag-btcusdt"],"acf":[],"yoast_head":"\n<title>Verifone Brings Bitcoin Payments To Thousands Of Merchants Across The U.S.<\/title>\n<meta name=\"description\" content=\"Bitcoin payments are gaining traction as the asset price has grown. 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Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best\u2019s publications, which are always clear and concise, enabling easy reading and understanding for all. Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/wncen.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Verifone Brings Bitcoin Payments To Thousands Of Merchants Across The U.S.","url":"http:\/\/wncen.com\/news\/verifone-bitcoin-payments-us\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/verifone-bitcoin-payments-us\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/09\/btc-4.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/09\/btc-4.jpeg?fit=700%2C364"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Best Owie"}],"creator":["Best Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin adoption","bitcoin payments","btc","btcusd","btcusdt"],"dateCreated":"2021-09-29T21:00:30Z","datePublished":"2021-09-29T21:00:30Z","dateModified":"2024-06-11T13:59:05Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Verifone Brings Bitcoin Payments To Thousands Of Merchants Across The U.S.\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/verifone-bitcoin-payments-us\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/verifone-bitcoin-payments-us\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2021\\\/09\\\/btc-4.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2021\\\/09\\\/btc-4.jpeg?fit=700%2C364\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Best Owie\"}],\"creator\":[\"Best Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin adoption\",\"bitcoin payments\",\"btc\",\"btcusd\",\"btcusdt\"],\"dateCreated\":\"2021-09-29T21:00:30Z\",\"datePublished\":\"2021-09-29T21:00:30Z\",\"dateModified\":\"2024-06-11T13:59:05Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2021\/09\/btc-4.jpeg?fit=700%2C364","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/472770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/541"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=472770"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/472770\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/472773"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=472770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=472770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=472770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}