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BitPay Allows Merchants to Accept Dogecoin for Payment

05 March 2021 14:00, UTC
Anna Martynova

BitPay allows businesses to accept cryptocurrency as a payment form without having to buy, own, or manage cryptocurrency. Dallas Mavericks have been one of the first to adopt cryptocurrency, and now is the first again to accept Dogecoin. For almost 2 years, the Dallas Mavericks have been accepting bitcoin as a way to pay for game tickets and merchandise. Mavs Fans for Life (MFFL) can now use Dogecoin to buy tickets and merchandise online, making Mavs merchandise more accessible to MFFL.

Mavs use BitPay to process all purchases, including tickets and goods paid by the leading cryptocurrencies: BTC, ETH, USDC, GUSD, BCH, PAX and BUSD, and now DOGE. The ability to accept cryptocurrencies expands the business opportunities for sales in international markets where accepting credit cards is impractical, while reducing high fees and increasing the transparency and efficiency of payments. The potential global market is huge, and with cryptocurrency market caps approaching a trillion, market opportunities for cryptocurrencies are considered ideal.

BitPay creates powerful enterprise-grade tools for accepting and using cryptocurrency. FinTech is developing blockchain payment technology to change the way businesses and people around the world send, receive and store money. BitPay recently announced support for adding the BitPay card to Apple Pay.

Image: Regard News