Things are starting to change in the Bitcoin ecosystem and not all of those changes will be welcomed with open arms. BitPay, the world’s leading Bitcoin payment processor, will no longer offer their “free and unlimited” plan to new merchants. This is in stark contrast to earlier promises of keeping this plan around “forever”.
BitPay Shakes Up Bitcoin Payment Processing Plans
BitPay’s “free and unlimited” Bitcoin payment processing plan was first introduced to the world in July 2014, as the company wanted to sign up as many merchants around the world as possible. Giving these merchants the option to accept Bitcoin payments and convert the funds to fiat currency without additional costs is part of the reason BitPay became a household name.