BitPay is introducing a tiered pricing mannequin to interchange our current fastened pricing construction. For the previous few years we’ve seen hundreds of latest world retailers, etailers and retailers settle for cryptocurrency for on a regular basis purchases and excessive ticket gadgets. BitPay’s new pricing mannequin is designed to help widespread adoption, permitting our excessive quantity retailers to scale with crypto because it continues to rise as a most well-liked cost methodology.
BitPay’s tiered pricing mannequin
Transaction processing charges will vary from 1-2% primarily based on a companies cumulative month-to-month quantity, plus a 25¢ fastened payment per transaction. Retailers accepting crypto funds will nonetheless pay much less in processing charges than conventional bank card charges. Moreover, crypto funds include the additional benefit of defending retailers from fraud chargebacks, saving beneficial money and time. See particulars in regards to the new pricing mannequin on BitPay’s Pricing web page.
Advantages of accepting crypto funds by way of BitPay
BitPay’s best-in-class options and advantages can be found to all retailers:
- Entry to a whole bunch of thousands and thousands of world crypto pockets holders
- As much as 40% new prospects
- 2x AOV in comparison with bank card
- Every day money settlements, direct to your checking account
- Trade-leading KYC and compliance program
- Zero fraud chargebacks
- Assist for 100+ crypto wallets
- Assist of prime cryptocurrencies
When will this value change take impact?
The brand new pricing plan is efficient instantly for brand spanking new retailers signing up after 01/02/2023 and can take impact for present retailers as of two/13/2023.
I’m a small enterprise, what does this imply for me?
Smaller retailers simply getting began with cryptocurrency funds or who don’t course of giant volumes (<$500,000 monthly) pays a 2% processing payment + 25¢ fastened payment.
How can BitPay assist my enterprise enhance crypto transaction quantity?
BitPay provides co-marketing and promotion alternatives for all of our retailers to assist enhance transaction quantity and decrease processing charges. The BitPay Service provider Listing is utilized by hundreds of crypto customers every month to search out companies that settle for crypto funds. If you want your small business to be included, please submit a request right here. Further co-marketing alternatives embody social posts, e mail newsletters and model options in BitPay’s industry-leading weblog. See our beneficial advertising greatest practices for extra info on selling crypto acceptance.