Gr4vy Teams up with BitPa to Fuel Crypto Payments

US-based cloud-native payments company Gr4vy has announced a new strategic partnership with cryptocurrency exchange platform BitPay to allow its merchants to easily accept crypto payments through BitPay's checkout offering.

Gr4vy's main product is a no-code payment orchestration platform (POP) that can allow merchants to both implement and offer BitPay's crypto payment options without worrying about crypto risk, fear of chargebacks, and fraud or high transaction fees while continuing its global expansion.

The collaboration between Gr4vy and BitPay aims to help merchants tap into the rich crypto market and accept payments in crypto. As part of the agreement, merchants who use Gr4vgy's cloud-native POP can now instantly add BitPay to their payment methods without requiring additional coding. This allows them to accept payments through BitPay's checkout in real-time in 15 supported cryptocurrencies. 

Finally, by integrating BitPay to their Gr4vy platform, merchants can accept payments and get settled within 24 hours in over 220 countries and territories around the globe, in local fiat currencies. Merchants won't be asked to hold crypto, which diminishes the risk of fraud and hack attacks.

(Source: The Paypers)