{"id":145668,"date":"2021-03-03T23:30:35","date_gmt":"2021-03-03T18:00:35","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=145668"},"modified":"2021-03-03T23:21:14","modified_gmt":"2021-03-03T17:51:14","slug":"bitfinex-launches-bitfinex-pay-for-merchants-to-accept-payments-in-eth-btc","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/bitfinex-launches-bitfinex-pay-for-merchants-to-accept-payments-in-eth-btc\/","title":{"rendered":"Bitfinex launches Bitfinex Pay for merchants to accept payments in ETH, BTC"},"content":{"rendered":"

Crypto exchange Bitfinex launched a payment widget dubbed Bitfinex Pay that will aim to provide online merchants with a means of receiving \u201cseamless\u201d digital token payments.<\/span><\/p>\n

Merchants can integrate the payment technology onto a website facilitating e-payments. Users will have the option to pay with various cryptocurrencies which include Ethereum (ETH), Bitcoin (BTC), Lightning Network BTC (LN-BTC) and Tether (USDt) via Ethereum or Tron.\u00a0<\/span><\/p>\n

Payments made via Bitfinex Pay will be directly deposited into a merchant\u2019s exchange wallet on Bitfinex. The value of payments is capped at $1,000.\u00a0<\/span><\/p>\n

Furthermore, customers will not have to pay any processing fees for using Bitfinex Pay. However, transaction fees incurred on the relevant blockchain will be borne by online merchants and their customers.<\/span><\/p>\n

In a release shared with AMBCrypto CTO at Bitfinex Paolo Ardoino said:\u00a0<\/span><\/p>\n

Bitfinex Pay enables merchants to be easily equipped to support crypto payments as increasing numbers of consumers become more comfortable with paying for goods and services using digital tokens.<\/span><\/p><\/blockquote>\n

\u201cEligible\u201d merchants who choose to integrate the widget on their websites will first need to register and verify their Bitfinex account to at least the intermediate level and apply for merchant verification. Merchants can create a sub-account on verification.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Crypto exchange Bitfinex launched a payment widget dubbed Bitfinex Pay that will aim to provide online merchants with a means of receiving \u201cseamless\u201d digital token payments. Merchants can integrate the payment technology onto a website facilitating e-payments. Users will have the option to pay with various cryptocurrencies which include Ethereum (ETH), Bitcoin (BTC), Lightning NetworkContinue reading “Bitfinex launches Bitfinex Pay for merchants to accept payments in ETH, BTC”<\/span><\/a><\/p>\n","protected":false},"author":34,"featured_media":145669,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[35,66,3,12,20],"tags":[],"class_list":["post-145668","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin-news","category-new-news","category-news","category-technology","category-trading-view"],"acf":[],"yoast_head":"\nBitfinex launches Bitfinex Pay for merchants to accept payments in ETH, BTC - AMBCrypto<\/title>\n<meta name=\"description\" content=\"The news drew much speculation from crypto Twitter who think the new crypto payment system could compete with PayPal.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/bitfinex-launches-bitfinex-pay-for-merchants-to-accept-payments-in-eth-btc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitfinex launches Bitfinex Pay for merchants to accept payments in ETH, BTC - 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