Brave Wallet Integrates BitPay Protocol for Crypto Payments

Brave Wallet has integrated the BitPay Protocol into its platform. This integration allows users of the Brave privacy browser’s crypto wallet to make seamless and reliable payments directly from their wallets.

BitPay told AlexaBlockchain that the implementation offers Brave Wallet users the ability to shop using Bitcoin and other cryptocurrencies at a wide range of online and in-store merchants, including popular names like Newegg, APMEX, PacSun, AMC Theatres, and airBaltic.

Stephen Pair, the CEO of BitPay, commended Brave’s adoption of the BitPay Protocol and highlighted the promotion of payment quality for customers and merchants utilizing crypto payments.

BitPay is a leading cryptocurrency payments company which supports various cryptocurrencies, ensuring that Brave Wallet users can utilize their preferred coins for making payments.

The BitPay Protocol, launched in 2017, guarantees accurate payments by eliminating common payment exceptions such as overpayments, underpayments, late payments, unconfirmed payments, and potential double-spends.

As the crypto industry continues to attract new customers, ensuring payment accuracy becomes increasingly important. The BitPay Protocol sets high standards for payment quality in the crypto space, enabling more precise and reliable blockchain payments both online and in physical stores.

James Mudgett, VP of Web3 products at Brave, stated that the integration expands the utility of Brave Wallet, making it easier for users to spend their cryptocurrencies on real-world goods and services.

The Brave Wallet is a secure, multi-chain cryptocurrency wallet integrated directly into the Brave web browser. In addition to making payments with crypto, Brave Wallet users can buy, receive, and send various crypto assets across multiple chains. They can also import non-custodial wallets, track live crypto prices, swap coins, and interact with Web3 DApps. The Brave Wallet is available on desktop and mobile devices as a core feature of the Brave web browser.

BitPay

BitPay, founded in 2011, aims to transform how businesses and individuals send, receive, and store money by providing blockchain payment processing solutions.

BitPay’s services help eliminate fraud chargebacks, reduce payment processing costs, and enable borderless cryptocurrency payments.

The company offers consumers a comprehensive digital asset management solution, including the BitPay Wallet and BitPay Prepaid Card, allowing them to convert digital assets into spendable dollars at numerous businesses.

Brave

Brave Software, known for its fast and privacy-oriented browser, is reinventing the web for users, publishers, and advertisers.

With its blockchain-based digital advertising platform, Brave allows users to opt into privacy-respecting ads and earn Basic Attention Tokens (BAT) as rewards. These tokens can be redeemed, used to tip or contribute to publishers and content creators, or spent within the platform.

Brave actively supports Web3 adoption by incorporating Web3 functionality into its browser, search engine, and multi-chain crypto wallet. Currently, Brave has over 57 million monthly active users and supports over 1.7 million creators.

Read Also: Crypto Payments Are Slowly Becoming Mainstream

• SEO Powered Content & PR Distribution. Get Amplified Today.
• PlatoAiStream. Web3 Data Intelligence. Knowledge Amplified. Access Here.
• Minting the Future w Adryenn Ashley. Access Here.
• Buy and Sell Shares in PRE-IPO Companies with PREIPO®. Access Here.
• Source: https://alexablockchain.com/brave-wallet-bitpay-protocol-integration-crypto-payments/