Users from all over the world can now support the popular free e-encyclopedia Wikipedia by making donations to it expressed in Bitcoin Cash via Bitpay. The Wikimedia Foundation, a non-profit organization that operates Wikipedia and similar free knowledge dissemination projects, partnered some time ago with Bitpay, a popular cryptocurrency payment processor. All so that the organization can accept donations in Bitcoin Cash (BCH) and "regular" Bitcoin (BTC). In fact, the Wikimedia Foundation has been accepting payments in BTC since 2014. Previously, Coinbase was responsible for their processing, but recently Bitpay took over the baton, which has now provided the opportunity to expand the choice of cryptocurrency with the popular fork. "Our donors have shown a growing interest in various cryptocurrencies, so accepting Bitcoin Cash was a natural next step. We accept donations worldwide and are committed to providing a wide range of donation options. It is very important for us to be able to process international donations in an efficient and cost-effective manner." -Pats Pena, Director of Payments and Operations at the Wikimedia Foundation, told the media. It's an honor to help Bitpay has partnered with many large nonprofit organizations to allow them to accept cryptocurrency donations. The company reports that these types of donations have grown strongly over the past few years, especially in late 2018 when people were looking ... ways for paying less tax. The company's system has consequently processed several million donations to nonprofit organizations recently, and it expects that trend to continue in 2019. "Bitcoin Cash and Bitcoin are some of the cheapest payment options available, so more money goes to charity than to fees. Wikimedia does so much good around the world that it's a privilege to be able to help raise money [for them]," - said Sonny Singh, chief merchant at Bitpay. Recently, Bitpay bragged about its high jump in performance in 2018. The service processed more than $1 billion in payments during the year and set a new record for transaction fee revenue by adding new customers with it. The company's B2B business was also record-breaking, as it grew nearly 255 percent from 2017. Tags bitcoin Bitcoin Cash bitpay Wikimedia Wikipedia
No comments:
Post a Comment