BitPay continues to slowly add support for Bitcoin Cash (BCH). The service announced that you can now finance a BitPay card through BCH payments.
The Visa card itself costs about 10 US dollars and is only available there, but the company hopes to deploy it in Europe and other regions in the future.
To replenish your account, you simply send the crypto currency to your wallet address via QR code. After enrollment, the currency is instantly converted into dollars, which allows you to use the card almost everywhere.
"These two blockaires have different exchange rates, network charges and confirmation time. You can make a comparison every time you make a payment to decide which payment method works best. ", – says the management of BitPay.
Advantages of payments in Bitcoin Cash
When calculating in Bitcoin, you need to pay 1,9% of commission fees for the transaction. In the case of VSN, customers receive the same speed, but with a commission of 0%.
The payment system deploys full support for Bitcoin Cash, including payments for more than 100 000 customers.
"BitPay Card users will be the first BitPay users to access Bitcoin Cash", – the company said in a statement.
Author: Olga Novikova, Analyst Freedman Club Crypto News
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