# BitPay

> BitPay is an Atlanta-based cryptocurrency payments company that connects blockchain wallets to familiar commercial workflows. Businesses can accept crypto online, at a point of sale or by invoice and choose settlement in fiat, crypto or a mixture; companies can also send global crypto payouts. For consumers, its self-custody wallet supports buying, storing, swapping and spending assets through merchants, bill pay and gift cards.

- **Founded:** 2011
- **Headquarters:** Atlanta, United States
- **Founders:** Stephen Pair (Co-founder and CEO), Tony Gallippi (Co-founder and former executive chairman)
- **Team size:** Approximately 150 employees in the supplied company data; BitPay's public careers page separately lists 65 people, so the current total is not consistently reported.
- **Products:** Crypto Payment Gateway, BitPay Wallet, BitPay Send, Crypto Invoicing, Bill Pay
- **Notable:** Founded in 2011, when Bitcoin was two years old, and reached its 15th anniversary in 2026., Reported processing more than $1 billion in bitcoin payments during 2017., Reported more than $5 billion and 10 million transactions processed since inception by September 2022.

## Products & services

- **Crypto Payment Gateway** — Generates invoices, locks an exchange rate, detects payment, converts funds and settles merchants in fiat, crypto or a chosen mix across online, in-store and email channels.
- **BitPay Wallet** — A self-custody mobile and desktop wallet for buying, storing, swapping, sending, receiving and spending supported crypto assets.
- **BitPay Send** — Business payouts for payroll, contractors, affiliates, suppliers and customers, with recipients paid in supported digital assets.
- **Crypto Invoicing** — Email billing and B2B invoice tools that let payers use crypto while the biller chooses its settlement currency.
- **Bill Pay** — A consumer service for paying participating bills, including cards and mortgages, using crypto through the BitPay app.
- **Gift Cards and Merchant Directory** — A spending network that lets wallet users buy brand gift cards and discover businesses accepting direct crypto payments.
- **HODL Pay** — An Aave integration that lets eligible users borrow against supplied crypto and route the proceeds into BitPay spending flows without first selling the underlying assets.
- **Developer APIs and Plugins** — APIs, SDKs and integrations for commerce platforms including Shopify, WooCommerce, Magento, Wix and BigCommerce.

## Achievements

- Founded in 2011, when Bitcoin was two years old, and reached its 15th anniversary in 2026.
- Reported processing more than $1 billion in bitcoin payments during 2017.
- Reported more than $5 billion and 10 million transactions processed since inception by September 2022.
- Built compatibility with more than 100 wallets and turnkey integrations for major commerce platforms.
- Its merchant directory lists more than 250 companies and stores where consumers can spend crypto directly or through gift cards.
- Received MiCA authorization for BitPay B.V. from the Dutch Authority for the Financial Markets in July 2026.
- Added full Solana support across payments and the wallet in August 2025.
- Reported that stablecoins represented nearly 40% of BitPay payments and payouts in 2025.

## Latest updates

- **2026-07** — BitPay B.V. received MiCA authorization from the Dutch AFM for regulated crypto payment services across the European Union.
- **2026-06** — BitPay marked 15 years since its 2011 founding.
- **2026-04** — The BitPay Wallet launched a redesigned swap experience with a simpler quote and provider-comparison flow.
- **2026-03** — BitPay announced a ZenLedger integration aimed at simplifying crypto tax reporting from wallet activity.
- **2026-01** — The wallet released a redesigned buy-and-sell experience.
- **2025-09** — BitPay joined the Circle Alliance Program and said stablecoins powered nearly 40% of its 2025 payments and payouts.
- **2025-08** — BitPay added Solana support for SOL, SPL tokens and Solana-based USDC and USDT across its wallet and merchant tools.
- **2025-05** — BitPay launched Ramp-powered cash-outs and introduced HODL Pay through an Aave integration.

## Links

- Website: https://bitpay.com
- LinkedIn: https://www.linkedin.com/company/bitpay-inc-/
- Twitter/X: https://twitter.com/bitpay
- GitHub: https://github.com/bitpay
- YouTube: https://www.youtube.com/@BitPay
- Instagram: https://www.instagram.com/bitpay/
- Facebook: https://www.facebook.com/BitPayOfficial

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Profile page: https://yespress.io/bitpay
Published by YesPress — https://yespress.io
Last updated: 2026-08-15
