Slide App Added Crypto Payments Options Through BitPay

Slide app, the mobile payments app which is used in more than 100,000 locations in the United States, just added crypto payment options via BitPay. The app is used in more than 100,000 stores including America’s biggest chains like Chipotle and Lowe’s so let’s learn more about it in today’s crypto news.

Slide App is adding a crypto payments option through BitPay which is a popular crypto payment provider based in the United States. The app is already widespread across the United States and is being used for 150 retailers and in 100,000 stores all over the country like some of the biggest chains like Mexican grill Chipotle, and home improvement store Lowe’s. now, the customers of the stores will be able to turn to crypto as a new means of payment. Sonny Singh, the chief commercial officer from BitPay said:

 “Crypto offers merchants like Slide a huge opportunity to attract new customers and sales, and with the recent run up in the value of Bitcoin, we are expecting a significant jump in spending for the holiday season as it’s a great time to add crypto as a payment option.”

BitPay accepts four of the world’s biggest crypto assets like Bitcoin, Ethereum, Ripple and Bitcoin Cash. In addition, the platform accepts USDC, GUSD, PAX, and BUSD. Slide was created by Raise Marketplace that started offering customers a chance to save money and to earn rewards on store purchases right from their mobile wallets. According to the CEO of Raise Marketplace, Jay Klauminzer, the addition of crypto payments is huge news for the mainstream use of crypto assets during the holidays:

 “With Slide, crypto users can spend their funds on everyday items and holiday gifts from brands that don’t traditionally accept crypto.”

Slide customers will have the chance to generate cashback savings by using the Slide app. All crypto funds deposited ahead of time will earn a 1% or 5% in total on every purchase as Singh added:

 “Bitpay allows Slide to accept crypto as a form of payment without having to hold crypto or pay the high fees associated with traditional payment methods.”

As recently reported, Crypto payment service provider BitPay, has just launched BitPay send which is a new blockchain-powered mass payout platform for businesses. The platform will allow organizations that don’t want to handle or own any crypto themselves to process crypto payments nonetheless