South Korean Exchange Bithumb Partners with BTC Payment Service Provider Bitpay

Home / South Korean Exchange Bithumb Partners with BTC Payment Service Provider Bitpay

This new cooperation means that businesses will now be able to convert invoices to BTC and with the help of BitPay settle them faster and cheaper, compared to conventional bank-based remittance channels. Chief commercial officer Sonny Singh added: “Right now, people are doing cross-border payments and paying bank wires, FX fees around 4% and it takes about four days. Using Bithumb and BitPay, we’re able to make this a 1% fee in one business day”.

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