We’ve got another exciting month of crypto news, including our integration with the Edge wallet and the announcement of four new BitPay merchants! Plus, see some of the most significant happenings in crypto and at BitPay, including our merchant, product, and charitable spotlights.
In This Issue:
BitPay in the Spotlight
BitPay is excited to share our four new partners and the impact this has on the crypto industry. Read about BitPay in the Spotlight:
Other Industry News
The crypto world continues to be abuzz with new and exciting news. Check out the latest happening:
BitPay Bids Welcome to New Businesses
We’re excited to welcome this month’s new merchants accepting crypto through BitPay!
BitPay Merchant Spotlight: TAG Heuer
TAG Heuer is one of the latest luxury brands to allow their customers to buy watches with crypto at checkout. Now TAG Heuer customers can shop their favorite luxury Swiss watches with 12 cryptocurrencies up to $10,000. Since 1860, TAG Heuer’s innovative watches have kept pace with the evolution of sports, and TAG Heuer is also bringing a new innovation to the luxury watch industry. Now with the TAG Heuer Connected watch, you can customize your watch face and display your NFT collection on your wrist.
Word of the Month: Crypto Payout
A crypto payout allows companies to disburse or pay out in crypto to those that prefer to be paid in crypto. Some common use cases for a crypto payout include making payroll payments, settling with marketplace sellers, paying contractors or affiliates, issuing rewards or rebates, and more.
BitPay Send is our payout solution for companies looking for a fast, efficient, and secure way to send crypto payouts anywhere in the world, on any day of the week, and at any time. BitPay Send allows you to pay out in crypto by simply adding fiat to your account and then submitting a payout request complete with recipient’s email address and amount. That’s it. You never have to hold, handle, or manage the crypto.
Product Spotlight: BitPay Protocol
First launched in 2017, the BitPay Protocol ensures accurate payments by eliminating payment exceptions including overpayments, underpayments, late payments, unconfirmed payments, and potential double-spends. As the crypto industry continues to evolve and attract a significant number of new customers, payment accuracy is imperative.
The BitPay Protocol is now integrated with the Edge wallet. Learn more about how this integration enables error-free spending for customer.
Marketing Spotlight: Father’s Day Gift Ideas
Father’s Day is just a few days away. Need ideas for gifts? Check out our BitPay Merchant Directory and shop for their favorite brands. Whether your dad is outdoorsy, a wine enthusiast, or an NFL fan, we have over 250 companies and stores that you can shop with your bitcoin and other cryptocurrencies.
Charitable Spotlight: ForKids
ForKids is one of the largest providers of homeless services and focused on breaking the cycle of homelessness and poverty for children and families in Virginia. To help families with long-lasting stability, ForKids focuses on three areas of services: housing, education, and critical services.
Did You Know? Bitcoin May Transaction Volume
Bitcoin accounted for roughly 55% of payment transactions during May 2022. Litecoin followed with 17.97% of transactions and then Ethereum with 10.54%.
Pacaso Home of The Month: Wyndham
With its contemporary coastal design, Meadow Lane offers modern living in historic Nantucket. The new construction home includes a 3-story main house with 6 bedrooms and bathrooms and a 1-bedroom, 1-bath guest house. Both feature modern finishes inside and inviting outdoor entertaining spaces around the infinity-edge gunite swimming pool.
Cost: $1,234,000 for 1/8 ownership
Address: 11 A Meadow Lane, Nantucket, MA
Don’t put your second home dreams on hold for another minute. With Pacaso’s modern and professionally managed co-ownership model, you can own a second home for less cost and hassle. This is true real estate property ownership, not a resort timeshare.