Last updated on August 17th, 2016 at 08:47 pm
The well-known payment processor BitPay recently announced that it has added nine new languages to its platform’s checkout experience. Besides English, BitPay’s services are now available in Dutch, Danish, Spanish, Finnish, Italian, Japanese, Korean, Polish, and Russian, reported the site BTCBible.
This means that merchants working with international customers can now present the Bitcoin payment instructions in the buyer’s native language, a feature that will be especially important in emerging markets where cryptocurrency is still a new subject.
“The European market for Bitcoin adoption is very large, perhaps larger than in the United States. Nearly every European business can already deal in multiple currencies, a prerequisite which is rarely seen in the United States. Many small businesses in Europe have frequent cross-border transactions to Eastern Europe, the Middle East, and North Africa where a borderless payment system like bitcoin has great potential”, says Tony Gallippi, BitPay’s CEO, in a press release.
But that’s not all. According to the same document, the company has also expanded the list of currencies merchants can use to set prices for their sales.
The note adds that “the new additions include the Argentine Peso (ARS), and Gold and Silver troy ounce (XAU and XAG). For example, if a gold dealer wants to sell one ounce of gold at 5% over spot, they can set the price to 1.05 XAU and BitPay will calculate the checkout in Bitcoins at the up-to-the-minute rate”.