Cryptocurrency Digital Payments News

Shells Adds Cryptocurrency Payment Option with BitPay

Shells Adds Cryptocurrency Payment Option with BitPay

Worldwide Network Supports New Customer Acquisition Globally with Crypto

Shells, a new virtual cloud desktop startup, announced the company is accepting cryptocurrency payments using BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services. The ability to accept cryptocurrency enables Shells to attract new customers and sales by tapping the massive crypto marketplace, which is a perfect fit for the secure, personal cloud computers that are offered by Shells. BitPay enables Shells to accept cryptocurrency as a form of payment without having to buy, own or manage crypto.

“Shells realizes the potential for cryptocurrency to transform the virtual desktop industry, making payments faster, secure, and less expensive worldwide.”

“The entire Shells team consider itself early adopters of cryptocurrency. We firmly believe in it, so it only made sense to accept it as a form of payment for our service,” said Alex Lee, CEO of Shells. “We’re thrilled to partner with BitPay as they manage the entire process, making it easy to receive crypto from our customers and convert and deposit U.S. dollars into our account.”

Read More: EY Announces Industry Cloud Innovations to Help Organizations Accelerate Business Transformation

Lee added, “We strive to provide the highest level of privacy and security when it comes to our cloud desktop workspaces. In addition to owning our server hardware, we have developed and optimized our product to provide customers with a secure and isolated environment on any web-enabled device.”

As the market cap for all cryptocurrencies is at $2 trillion, there are many crypto holders who are looking for places to spend this newfound wealth. In accepting BTC, BCH, DAI, DOGE, ETH, WBTC and stablecoins USDC, GUSD, PAX and BUSD payments through BitPay, Shells can broaden its customer base while being protected from the price volatility of crypto transactions. Shells benefits by adding cryptocurrency to its payment options while reducing high fees increasing payment transparency and efficiency. Shells receives settlement the next business day directly to its bank account in US Dollars. There is no cryptocurrency price volatility or risk to Shells. BitPay’s business solutions eliminate transaction fraud, reduce the cost of payment processing, and enable borderless payments in cryptocurrency.

Read More: Mogo Announces Close of Previously Announced Increased Investment in Canada’s Leading Crypto Platform, Coinsquare

“Our goal at BitPay is to make accepting crypto a seamless process and increase adoption as crypto is the future of payments. We are building blockchain payment technology solutions to transform how businesses like Shells send, receive, and store money around the world,” said Shaun Worley, Vice President of Product at BitPay. “Shells realizes the potential for cryptocurrency to transform the virtual desktop industry, making payments faster, secure, and less expensive worldwide.”

“The Shells service can be accessed from any device with a web browser and an internet connection; therefore, their virtual desktops can be accessed from tablets, smartphones, or even old computers. By simplifying the process of setting up a virtual desktop, Shells is making sure that everyone can have access to the future of computing,” Lee said.

Read More: AppBrilliance Unveils ‘Push-to-Business’ Digital Payments Model; Solidifies Leadership with Strategic Appointment of Steve Mott to Advisory Board

Related posts

Tyndall Group and Natixis Corporate & Investment Banking Sign Cooperation Agreement to Develop M&A Consulting Business

Fintech News Desk

Pango Group Announces Launch of Newly Designed Website

Fintech News Desk

Digital Wallets Eclipse Cash Globally At Point of Sale For First Time During Pandemic, FIS Study Finds

Fintech News Desk
1