Posts about BitPay
Luxury car dealer Exclusive Automotive Group (EAG) announced it partnered with payment service provider BitPay to accept crypto payments for its goods and services and attract new customers.
https://i.redd.it/m5gfryqxsd3a1.pngMerrick Theobald, Vice President of Marketing at BitPay, stated, “Luxury goods is one of the fastest growing segments for crypto purchases through BitPay and high-end autos are very popular.”
https://i.redd.it/al4rvr7ctd3a1.pngExclusive Automotive Group is a factory-authorized dealer for Aston Martin, Bentley Motors, Koenigsegg, and Karma Automotive thus its acceptance of crypto payments paves the way for widespread crypto adoption in the automobile sector.
Slowly but surly they're all wising up. They're all positioning themselves away from the physical cards. I remember when some here thought BitPay was our number one competitor. Tyler and crew are kind of keeping things secretly right in front of our eyes. When I saw BitPay on the Flexa "AnyApp" banner, I thought it was more ad than it was real, but slowly but surely I'm beginning to think they're all waiting for the SDK.
Shout out to CryptoMib on Twitter for the post. When I saw it, I thought to myself how is this going to work with a card? Upon checking there website where I see them advertising what appears to be a digital wallet "Buy, store, swap and spend cryptocurrency all in one app." Did they say spend? From an app?
Yes, I know this is all speculation until it happens, but I thought it was interesting being that a little over a year ago everyone thought BitPay was our biggest competition.