Spicepay Announces Bitcoin Payment Processing – Accept Bitcoin, Get Paid via Paypal, WebMoney or Bank Transfer

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Spicepay.com’s Bitcoin Merchant offers online merchants the ability to accept bitcoin payments and withdraw funds in BTC, USD, or a combination of both via PayPal, WebMoney, bank transfer or bitcoin address.

SpicePay.com (https://spicepay.com), the bitcoin exchange with the lowest fees on the market, today announced the formal release of its new payment processing service, Bitcoin Merchant. It offers an unprecedented level of flexibility, allowing online merchants to accept payments in bitcoin and withdraw funds in BTC, USD, or a combination of both via PayPal, WebMoney, bank transfer or bitcoin address.

Bitcoin Merchant allows anyone with an e-commerce site to offer their customers the option to pay in bitcoin. The big benefit here is that, for a fee of only 1% per transaction, merchants can reach a large international audience and expand their market around the world. Integration is easy, so even sellers who are new to the world of bitcoin can set up a Bitcoin Merchant account and start accepting bitcoin in just a few simple steps.

Payments can be deposited to the merchant’s SpicePay wallet as BTC, or exchanged for USD and deposited to a PayPal or WebMoney account immediately after each transaction, or at the end of the business day. Bank transfers are completed in just 24 hours.

The exchange function, which primarily serves markets in Eastern Europe and Russia at present, allows users to buy, sell, send and receive bitcoin instantly to a bank account in USD via PayPal or wire transfer, or to a WebMoney account.

Of course, security is always a paramount concern. SpicePay continually evolves its technology to ensure safety. The site uses 128-bit SSL encryption, 2-factor authentication, IP detection and device detection, and is currently working on integrating TREZOR hardware. The platform is hosted on always up-to-date Linux systems.

About SpicePay
SpicePay is an international bitcoin exchange and payment gateway founded and managed by experienced bitcoiners who have been involved with digital currency since 2009, both as users and miners. The company is based in Belize, with developers in Ukraine. It primarily serves the South American, East European and South Asian markets, but cross-border gateways such as wire transfer ensure that SpicePay can be used anywhere in the world.

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Kiril Marinov
Spice Pay
+380 50 532 5637
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@SpicePay
since: 04/2013
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