- BitPay and the Wikimedia Foundation collaborate to enable donations in Bitcoin cash
- New Payment service aims to allow easier and faster donations
- Processing with Bitcoin cash saves more money for charity
BitPay, a Bitcoin payment service provider founded in 2011 announced this week that Wikipedia, a subsidiary of the Wikimedia Foundation, is now accepting Bitcoin (BTC) and Bitcoin Cash (BCH) for donations. The aim is to enable people to send payments easily and quickly irrespective of where they are.
BCH a new option
According to BitPay, they have partnered with the Wikipedia Foundation to enable users of Wikipedia to make donations using Bitcoin and Bitcoin cash. The service provider also stated that the online resource has been accepting Bitcoin for some years now. However, Bitcoin cash is a new addition that was made possible by switching to its payment processor.
In the same vein, the publication reveals that visitors of the free online encyclopedia had hinted that they would like to make donations with more cryptocurrencies. Therefore, adding Bitcoin cash became a natural step and cheaper payment option that will ensure that more funds are donated to charity, said Wikipedia Foundation.
While commenting on the new payment system, Pats Pena, Director of Payments and Operations, Wikimedia Foundation stated that the platform receives donations all over the world. That being the case, a range of payment options have to be made available in order to ensure that international donations are processed in an efficient and cost-effective way.
More Companies Accepting Bitcoin Cash
Asides from Wikipedia, quick access to acceptbitcoin.cash shows a list of companies around the world that have recently started accepting Bitcoin cash for payments. Some of these are Newegg, Fancy.com, and Post Oak Motors.
Newegg, a Canadian-based online retail company which deals in computer hardware also processes its payments with Bitcoin cash. In March, the company announced that it will be allowing its customers in Canada to buy office supplies, games, and electronics using Bitcoin and Bitcoin cash.
Fancy.com, a luxury goods marketplace with over 250,000 products in July adopted Bitcoin and Bitcoin cash to enable its customers make purchases. While BitPay is currently used to facilitate these payments, the company had to rely on Coinbase Merchant tools in 2013.
Car Dealership Accepts Bitcoin cash for Payments
Post Oak Motors, a car dealership on September 5th last year began accepting Bitcoin as well as Bitcoin cash. As a consequence, a user can purchase Rolls Royce, Bentley, Bugatti, and any other dream car using these virtual currencies. Like Wikipedia and Newegg, a partnership between BitPay made this possible.
More recently, Roger Ver, CEO of Bitcoin.com on January 25 made a tweet that Gem castle Yukizaki, the “biggest and fanciest” retailer of watches in Japan will be accepting Bitcoin cash. However, the latest news from the CEO says Bitcoin Cash has partnered with Allianz Cargo Direct, a subsidiary of Japan’s ANA Group.
