About
BitPay is a Payment Service Provider (PSP) specializing in ecommerce, B2B, and enterprise solutions for virtual currencies. Virtual currencies are designed for the internet, and are a much safer and more efficient form of payment than credit cards, which were designed in the 1950s. Credit cards were never designed for the internet. The waste, fraud, risks, and costs associated with using the technology in a way it was never intended are becoming excessive for both businesses and consumers.