Making Bitcore easier to use in real life is an important goal for the Bitcore team, and this new integration moves Bitcore ever closer to this goal. Bitcore seems to gain popularity and some services start integrating BTX, for instance, Paytomat and PayByte launched Bitcore on the platform, Brazilian bill payment service Kamoney started accepting payments in BTX, and now BTCPay. We have finished the Bitcore BTX integration for BTCPay, meaning that merchants from all over the world can start accepting Bitcore as a payment method. Starting today BTCPay natively supports Bitcore BTX! Native support means that Bitcore is using full nodes and that the payments are direct. Users are able to try Bitcore integration for their stores, and to pay an invoice in BTX.
Merchant adoption of cryptocurrencies around the world is already growing at a rapid rate, and Bitcore has been a part of that trend. BTX is accepted at 300+ merchants around the world and growing, acquiring and spending BTX is becoming easier, which makes Bitcore acceptance more convenient for business owners. It’s an exciting case to be integrating to BTCPay, the cryptocurrency industry’s premier payments solution, to help provide merchants. In this way, we continue to expand the BTX ecosystem. As far as we are aware, following merchants implemented this open-source payment processor which means that these merchants can start accepting Bitcore as a payment method.
The beauty of cryptocurrency is that it is decentralized and not controlled by anyone, but payment processors like Bitpay are. In order to fix this problem, BTCPay gives control of the node back to the host and only full nodes under your control give you certainty that all the rules of Bitcore are followed, which therefore checks that your incoming payments are genuine. As well as this benefit of BTCPay, Bitcore operations are low cost, fast and also extremely safe which make Bitcore enjoyable to use by both merchants and consumers rather than some other cryptocurrencies.
As Bitcore provides more services and partnerships that solve real business problems for merchants and consumers, adoption will continue to increase. Do you know someone who has a web shop and wants to accept Bitcore? Post a comment below with a link to their web shop. We will post an announcement on Twitter.
What is BTCPay?
BTCPay is multi-tenant open-source payment processor, backward compatible with Bitpay API. It means that it is a payment processor which can be used to provide payment processing to multiple merchants which are always the owners of their private keys, they can always freely convert their coins, and here are some BTCPay features:
• Direct, peer-to-peer Bitcore payments
• No transaction fees (other than those for the crypto networks)
• No processing fees
• No middleman
• No KYC
• User has complete control over private keys
• Enhanced privacy
• Enhanced security
• SegWit support
• Lightning Network support (LND and c-lightning)
• Full compatibility with BitPay API (easy migration)
• Process payments for others
• Easy-embeddable Payment buttons
• Point of sale app