BitPay Will Process Payments, Starting with Bitcoin Cash
Last Friday, Bitpay announced that it was adding a payment option for Bitcoin Cash beginning in early 2018. Since that announcement the price for BCH spiked upward as the market reacted to the news. Here’s a snippet of that announcement.
We added Bitcoin Cash (BCH) support to the BitPay wallet app in September of this year. Since then, we’ve had growing demand from our merchants and their customers to enable Bitcoin Cash support for our payment processing services, too.
We will begin adding support for a Bitcoin Cash payment option this year, starting with BitPay Card loads. All BitPay invoices will include a Bitcoin Cash payment option by default in early 2018.
The BitPay wallet already includes optional Bitcoin Cash support. If you want to use Bitcoin Cash to load your BitPay Card or pay a BitPay merchant, you’ll be able to use your BitPay or Copay wallet.
Does this continue to validate that BCH will eventually replace classic Bitcoin? Leave your thoughts in the comments.