Users of the BitPay cryptocurrency payment service can now use their Brave wallet to make purchases. This could help speed up crypto payments at over 250 merchants.
Brave Wallet now integrates BitPay services
Brave Wallet, the wallet of the famous web browser of the same name, now integrates BitPayone of the most developed cryptocurrency payment services:
Go shopping with Brave Wallet, powered by @BitPay!
Brave Wallet can now be used to buy goods and services at over 250 retailers. pic.twitter.com/GFoeBR6ZEh
—Brave Software (@brave) May 23, 2023
Stephen Pair, CEO of BitPay, welcomed the collaboration:
“BitPay applauds Brave’s adoption of the BitPay protocol. Thanks to the hard work and dedication of the Brave team, we are able to promote quality online and in-store payments for customers and merchants who want to take advantage of the benefits of crypto payments. »
To use this feature, users will have to select BitPay as a payment option on eligible websites, then choose Brave Wallet. It will then be a question of connecting to the wallet and proceeding to the payment with one of the 13 cryptocurrencies supported by the service.
To date, Brave boasts over 57 million users, and supports over 100 networks across its portfolio.
For his part, James Mudgett, vice president of Web3 products at Brave, bounced back on the fact that this could encourage the adoption of cryptocurrencies as a means of payment in everyday purchases:
“With this new BitPay integration, we are expanding the usefulness of Brave Wallet and making it easier than ever for our users to spend their crypto on real-world goods and services. »
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BitPay: an increasingly comprehensive service
Founded in 2011, BitPay launched its payments service in earnest in 2017, which is now available in over 229 countries.
In addition to Brave, functionality can be powered through to over 100 different cryptocurrency walletsincluding MetaMask, Coinbase Wallet or Trust Wallet.
As for companies that accept BitPay, the company has more than 250 on its website. The sectors are very varied, ranging from fashion to travel, including food and video games. Thus, we can find names such as GameStop, Burger King, Ralph Lauren or Spotify. The service may as well be used for direct purchases only for gift cards.
On the merchant side, the BitPay solution makes it possible to accept cryptocurrencies. These payments can then be kept as is, converted into fiat currencies so that they are transferred to a bank account, or a mixture of these two options.
Over the years, we see more and more similar solutions being developed, thus testifying to a wider adoption going beyond the speculative aspect.
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Sources: Press release
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