Bitpay supports Bitcoin Cash for its PoS Checkout application

An increasing number of users and businesses are accepting Bitcoin Cash. Recently, the provider of payment services in digital currency, Bitpay, began to adopt this cryptocurrency. In this way, customers will be able to manage online payments through the PoS application using Bitcoin Cash.

Bitpay expands its support with Bitcoin Cash

With the new Bitpay feature, customers will no longer be forced to convert their Bitcoin Cash (BCH) to Bitcoin (BTC). They will be free to use the BCH as a method of payment in the shops. The relatively simple purchase procedure is to scan the BitPay Checkout QR code using a smartphone or tablet. The checkout system then allows the receipt of a "bank settlement in local currency, in one day. "

According to a statement from Bitpay, the new version "will improve the design and performance of the application," while adding changes to the Bitpay payment protocol. All payments and other invoice updates are affected.

Brick and mortar companies can now accept error-free payments in BTC and Bitcoin Cash, at a glance from customers, without the risk of crypto-currency price volatility, "he said. Bitpay adding "merchants receive every dollar or euro they charge, minus BitPay processing fees of 1%. "

A positive return of the cryptocurrency community

Bitpay, a Bitcoin loyal, announced last month the adoption of Bitcoin Cash. Following this, the price of the BCH has seen a significant uptrend. At the time of writing, the BItcoin Cash is up this last week. Ranked fourth in the crypto-currency rankings in terms of market capitalization, its price is estimated at around $ 1,322, according to data from Coinmarketcap.

Sckeinerman, a Reddit user commented on the addition of Bitcoin Cash by saying:

"The BCH is widely adopted in the cryptocurrency community. It is much faster than the DigiByte or the Dash .. .... Yes, but I think the BCH will be larger and since it also has the iconic name "Bitcoin". These currencies are probably much more immediate and less expensive, what will it be useful for, if your local hair salon accepts the BCH instead of the DigiByte? "

Joe K, a Twitter user announced:

"A lot of what makes money is the people around it, not the technology. Obviously, crypto-currencies would not exist without blockchains, but that will only lead you to a certain point. The rest is the network effect around people. People are fickle. "

One of the most enthusiastic commentators said:

"People are so malleable, how can I measure that? It's one of those things that, once you notice it, is not measurable. I would say that you have to know what you want and look for people who have the same state of mind. The infrastructure of Bitcoin exists wildly, offers less time in transactions and costs of 0.3 cents are rather low I would say, for a decentralized currency like this. "

What do you think about Bitpay's support for Bitcoin Cash on its Checkout Point of Sale app? What other cryptocurrency would you like to see on the long list of those accepted by the cryptocurrency payment service provider? Comment in the comments section below.

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