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Keyword: bitpay

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  • BitPay Dumps Texas Gun Retailer

    03/11/2014 10:16:56 PM PDT · by TsonicTsunami08 · 19 replies
    Bitcoin Magazine ^ | March 12, 2014 | Jason M. Tyra
    Central Texas Gunworks LLC found itself without a Bitcoin payment processor last week as Atlanta based BitPay abruptly dropped the firearms seller from service. According to the company’s owner, US Army veteran Michael Cargill, the move came without warning or explanation. This, in spite of the fact that his company is a duly licensed firearms dealer engaged in lawful commerce in a gun-friendly state. As a result, Central Texas Gunworks had no choice but to change processors. With only a few days’ notice, the team from CoinVoice reportedly worked overtime to implement online Bitcoin payment capability for the retailer.
  • Get Paid in Bitcoin With BitPay’s New Payroll API

    01/14/2014 7:53:53 AM PST · by Errant · 29 replies
    Coin Desk ^ | 14 January, 2014 | Jon Southurst
    What’s the easiest way to get bitcoins into your wallet? Answer: Get paid in bitcoin. BitPay, the world’s largest digital currency payment processor, now lets employees do that with the beta release of its Bitcoin Payroll API for employers. “For the longest time the hard question was ‘How do I buy bitcoin?’” said Tony Gallippi, co-founder and CEO of BitPay. “Now the answer is easy: ‘Ask your employer.’” American W-2 employees (see below) can elect to have all, or part, of their salary paid in bitcoin for every pay period. It works as a ‘net payroll deduction’, meaning taxes and...