BitPay and TigerDirect move into the Canadian market

Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term payment service provider BitPay, alongside Bitcoin accepting pioneer TigerDirect are expanding their joint service to now support Bitcoin Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term on the internet retailer’s Canadian website TigerDirect.ca.

TigerDirect’s US site began supporting the cryptocurrency back in January to more than adequate success, processing an impressive $500,000+ in Bitcoin in the first 3 days. The new endeavor will now bring the same support to TigerDirect’s Canadian customer base, giving them the option to pay for their order in Bitcoin.

“We are very pleased with our BitPay implementation on TigerDirect.com and are excited to roll it out across our other sites. As of today, TigerDirect.ca and our mobile/tablet sites will be accepting bitcoin as a payment method,” said Steven Leeds, Director of Marketing for TigerDirect.

The initial push to accept Bitcoin came after TigerDirect’s success in supplying and selling Bitcoin mining equipment. Realizing a large portion of the online retailer’s customers are Bitcoin users spawned the interest in offering an option to pay for products in the digital currency.

“TigerDirect has taken an interest in bitcoin not only as a payment option but also a new product line through the sale of bitcoin mining equipment. It is great to be working with an organization who is as just enthusiastic about bitcoin as we are,” said Paige Freeman, Vice President of Sales at BitPay.

After our impressions of Bitcoin processing at this last IRCE event, we are sure we will see more high profile retailers diving into Bitcoin acceptance as its popularity grows.

SOURCE: BitPay Press