Brave Wallet Now Integrated with BitPays Payment Protocol

Brave Wallet Now Integrated with BitPays Payment Protocol


BitPay integrates Brave Wallet into its payment protocol, allowing users to make payments directly from the privacy browser and shop at thousands of top merchants online and in-store, including Ralph Lauren’s Miami Design District store accepting Bitcoin and other cryptocurrencies.

BitPay, the Bitcoin (BTC) payment service provider, has announced the integration of Brave Wallet into its payment protocol. The integration would enable cryptocurrency wallet users to make payments directly from the privacy browser.

Reports by an official press release, Brave Wallet users can shop with cryptocurrency at thousands of top merchants online and in-store, including Newegg, APMEX, PacSun, AMC Theatres, and airBaltic.

BitPay CEO, Stephen Pi, has commented on the development, noting:

BitPay applauds Brave’s adoption of the BitPay Protocol. With the hard work and dedication of the Brave team, we can encourage payment quality online and in-store for both customers and merchants wanting to leverage the advantages of cryptocurrency payments.

BitPay is the leading cryptocurrency payment platform that supports numerous digital currencies. This guarantees that Brave Wallet users can utilize their preferred coins for making payments. Launched in 2017, BitPay guarantees accurate payments by eliminating standard payment exceptions, including underpayments, overpayments, late charges, potential-double spends, and unconfirmed charges.

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BitPay Partners With The Famous American Fashion Brand, Ralph Lauren, To Accept Bitcoin (BTC) Payments

BitPay is, without a doubt spreading its unique services to numerous platforms. The most recent development comes a 30 days after it partnered with an American fashion brand to accept Bitcoin (BTC) payments at its new Miami Design District Store. In the partnership, Customers can pay for the brand’s distinctive styles directly from their preferred wallets. Refunds will likewise be provided in the same digital currency used for a buy equal to the total dollar amount of the returned product.

In the notice made by BitPay, it stated how “Ralph Lauren, a brand that defines modern high-end and timeless style,” will provide its customers with new ways to participate with the brand and shop, including accepting cryptocurrency as a method of payment.

On the other hand, Miami has been at the forefront of Bitcoin (BTC) adoption, with Bitcoin (BTC) 2021 conference taking place in the city. It’s worth noting that, Bitcoin (BTC) 2022 took place in Miami, as Bitcoin (BTC) 2023 is likewise set to return to Miami Beach.

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Cryptocurrency Payment Surge In Bear Market

Nonetheless, Litecoin and Bitcoin (BTC) Lightning Network payments have shown impressive growth on the BitPay platform in the year. Reports by the CEO of the Atlanta-based payment processor, Stephen Pair, has revealed that Litecoin has continued to make up about a quarter of BitPay’s transactions.

Regardless of the ongoing bear market, BitPay recorded a whole lot of uptrend in cryptocurrency payments a year ago. Nonetheless, the tendency has continued over recent months. Pair observed a strong interest in accepting cryptocurrency payments by major retailers and brands, especially high-end brands, even during market turmoil. The CEO noted:

The cryptocurrency community is a passionate group that has shown time and time once more that they are serious about spending their cryptocurrency, and the top brands and retailers are noticing

Still, the platform has processed over $1 Million in Bitcoin (BTC) payments over Lightning since adding support for Bitcoin (BTC) LN payments in April 2022.

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The Brave Wallet

On the other hand, Brave Wallet is a secure, multi-chain digital currency wallet integrated directly into the Brave web browser. Along with making payments with cryptocurrency, Brave Wallet users can buy, receive, and send numerous cryptocurrency assets across numerous chains. They can likewise import non-custodial wallets, track live cryptocurrency 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.

Significantly, the Vice President of Web 3.0 products at Brave, James Mudgett, has given his remarks concerning the development, noting:

With this new integration from BitPay, we’re expanding the utility of Brave Wallet and making it easier than ever for our users to spend their cryptocurrency on real-world goods and services.

It is worth keeping in mind that the cryptocurrency industry is attracting new customers by ensuring that payment accuracy becomes increasingly critical. It’s worth noting that, the BitPay Protocol sets high standards for payment quality in the cryptocurrency space, enabling more precise and reliable blockchain tech payments online and in physical stores.

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