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07/22/2022

Expertise, Experience and Focus Are Critical When Choosing a Crypto Payments Processor

PYMNTS.com

Welcome to the first article in a new PYMNTS series, “The Merchants Guide to Accepting Crypto: The Questions to Ask,” which aimed at helping merchants big and small, online and in-store, that want to accept crypto payments figure out what they need to know to move ahead.

Over seven articles, PYMNTS’ Karen Webster speaks with Stephen Pair, CEO of crypto-specific payments processor BitPay, which has been around 11 years, to come up with a list of the skills, experience and services to look for when choosing a payments provider once you’ve made the decision to accept cryptocurrencies.

One logical place to start, Pair said, is to find out where the processor is headquartered, and where it is licensed to do business.

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