Brave Wallet, the secure, multi-chain cryptocurrency wallet built into the Brave web browser, has integrated the BitPay Payment Protocol. This integration allows Brave Wallet users to make seamless payments with cryptocurrency at thousands of BitPay merchants. With this new feature, users can shop online at popular retailers like Newegg, APMEX, PacSun, AMC Theatres, and airBaltic. They can also use their preferred cryptocurrency to make payments, as BitPay supports the top cryptocurrencies.
The BitPay Protocol, launched in 2017, ensures accurate payments by eliminating payment exceptions such as overpayments, underpayments, late payments, unconfirmed payments, and potential double-spends. In an industry that continues to attract new customers, payment accuracy is crucial. The BitPay Protocol sets the bar for crypto payment quality, enabling more reliable and accurate blockchain payments both online and in-store.
BitPay CEO, Stephen Pair, applauded Brave’s adoption of the BitPay Protocol, noting that it promotes payment quality for both customers and merchants. James Mudgett, VP of Web3 products at Brave, expressed excitement about the integration, stating that it expands the utility of Brave Wallet and makes it easier for users to spend their cryptocurrencies on real-world goods and services.
In addition to making payments, Brave Wallet users can buy, receive, and send cryptocurrencies across multiple chains. The wallet also allows users to import non-custodial wallets, track live crypto prices, swap coins, and interact with Web3 DApps. It is available on desktop and mobile as a core feature of the Brave web browser.
BitPay, founded in 2011, is one of the oldest cryptocurrency companies and aims to transform how businesses and individuals send, receive, and store money. It offers solutions that eliminate fraud chargebacks, reduce payment processing costs, and enable borderless payments in cryptocurrency. The company has raised over $70 million in funding and has offices in North America, Europe, and South America.
Brave Software, known for its fast and privacy-oriented browser, is reinventing the web for users, publishers, and advertisers. It has a blockchain-based digital advertising platform that allows users to opt into privacy-respecting ads and earn Basic Attention Tokens (BAT). The tokens can be redeemed, used to tip or contribute to publishers and content creators. Brave is a leading force in Web3 adoption and supports Web3 integration into the broader web through its privacy browser, independent search engine, and browser-native multi-chain crypto wallet. The company currently has over 57 million monthly active users and over 1.7 million Creators.