BitPay POS
Overview
BitPay POS is a point-of-sale solution that allows physical merchants to accept cryptocurrency payments in-store. It works via a mobile app or web interface, generating QR codes that customers scan with their crypto wallets.
Supported Assets and Settlement
BitPay supports Bitcoin, Ethereum, and several stablecoins. The merchant can choose to settle in fiat currency to avoid volatility, with funds deposited directly to a bank account.
Fees and Integration
BitPay charges a 1% transaction fee. The POS system integrates with existing hardware like tablets and receipt printers.
Best For
It is designed for retail environments and provides a simple way for businesses to tap into the crypto customer base. BitPay also offers invoicing and online payment tools. The service is suitable for brick-and-mortar stores looking to accept crypto without technical complexity.