RATE Group | BitPay and the Art of Underwhelming Upgrades
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BitPay and the Art of Underwhelming Upgrades

05 Feb BitPay and the Art of Underwhelming Upgrades

Posted at 12:40h in Cryptocurrency News by

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Although BitPay now allows users to pay merchants from any crypto wallet or exchange, the P2P payments company’s move was met with a tepid response from crypto users.

BitPay Improvement Protocol: Slow And Steady

BitPay has rolled out users’ ability to pay all BitPay invoices from any cryptocurrency wallet or exchange from Feb. 4.

The move, the company says, will benefit merchants by putting them “back in control of which wallets, apps, or exchanges they’ll accept payments from.” The change also “empowers consumers to use any wallet, app, or exchange to pay their favorite merchant.”

The Atlanta-based crypto payments gateway’s most recent upgrade was adding support for XRP in late January.

BitPay now supports BTC, BCH, Ether, and several ERC20 tokens, including stablecoins USDC, GUSD, and PAX, in addition to XRP.

Too Little, Too Late?

The crypto payments processor’s latest development was met with a tepid response from the crypto community on Reddit.

While acknowledged…

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