BlueSnap and BitPay Collaborated for Cryptocurrency Payment  

BlueSnap and BitPay Collaborated for Cryptocurrency Payment  
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BlueSnap, a payment gateway platform for pioneering B2B and B2C companies, has launched a new collaboration with BitPay, a leading supplier of Bitcoin and cryptocurrency payment services. This collaboration will allow organizations to receive and be transferred in approximately 15 cryptocurrencies and seven fiat currencies worldwide, furthering BlueSnap’s mission of assisting businesses worldwide in increasing revenue and reducing costs. 

Merrick Theobald, Vice President of Marketing at BitPay, stated, “Together, BitPay and BlueSnap will bring this popular payment method to more businesses and consumers globally. We are proud to work with BlueSnap on this partnership, especially as more businesses adopt this growing trend of accepting cryptocurrencies as payment for products and services”. 

Businesses will be able to accept and be paid in leading cryptocurrencies such as Bitcoin (BTC), Bitcoin Cash (BCH), ApeCoin (APE), Dogecoin (DOGE), Ethereum (ETH), Litecoin (LTC), Shiba Inu (SHIB), Wrapped Bitcoin (WBTC), Ripple (XRP), and 5 USD-pegged stablecoins (BUSD, DAI, GUSD, USDC, and USDP), as well as 1 EURO- (EUROC). Because crypto protocols are global by default, adding cryptocurrency acceptance and payout will allow BlueSnap’s customers to conduct business more seamlessly with key stakeholders worldwide. Businesses that accept cryptocurrency payments benefit from lower processing costs, new customer acquisition, and no chargebacks. Customers will be able to accept cryptocurrency and be paid in fiat currencies such as USD, EURO, GBP, PESO, CAD, and AUD as a result of the partnership. 

Ralph Dangelmaier, CEO of BlueSnap, commented, “Our work together further supports BlueSnap’s strategic growth, and we are eager to make an impact in this new space. We look forward to driving further payments innovation through growing technologies like blockchain and cryptocurrency.” 

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