ZenLedger partners with BitPay to accept cryptocurrency payments

By Edlyn Cardoza

October 06, 2022

  • Bitpay
  • Cross-Border Payments
  • Cryptocurrency control software

ZenLedger, a cryptocurrency and blockchain analytics control software, announced that the company is accepting cryptocurrency as payment for goods and services with BitPay, one of the world’s largest providers of bitcoin and cryptocurrency payment services. By accepting cryptocurrencies, ZenLedger can offer end-to-end functionality for crypto traders worldwide. More consumers are turning to crypto, with 56% saying they want to buy crypto, nearly half consider crypto as an investment, and more than 40% want to use it for payments, according to the latest Paying With Cryptocurrency report PYMNT.

“As a brand designed to support merchants and pioneer Web3 innovation, the decision to accept crypto payments with BitPay was an easy one,” she said Pat LarsenCEO and co-founder of ZenLedger. “Our number one goal is to always make our users’ crypto experience easier to save time and money. That means everything from tracking their transactions to offering to use those funds on our services. We believe in long-term growth and innovation in the industry, so this is the next step to make our customers’ jobs easier.”

By adding cryptocurrency to its payment options, ZenLedger reduces transaction fees while increasing payment transparency and efficiency. BitPay pioneered blockchain payment processing to enable cryptocurrency payments including ApeCoin (APE), Bitcoin (BTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Ethereum (ETH), Litecoin (LTC), Shiba Inu (SHIB), Wrapped Bitcoin (WBTC) XRP, 5 USD-pegged stablecoins (BUSD, DAI, GUSD, USDC and USDP) and a Euro-backed stablecoin (EUROC). BitPay’s business solutions eliminate transaction fraud, reduce payment processing costs and enable borderless cryptocurrency payments. With fast US dollar settlements, ZenLedger avoids any cryptocurrency price volatility or risk to the business.

“As the leading crypto tax software, ZenLedger meets the needs of consumers who want to buy, invest, and spend crypto alongside other investment vehicles and still keep track of them for accounting and tax purposes,” he said Merrick TheobaldVice President of Marketing at BitPay. “Our goal at BitPay is to make crypto acceptance for ZenLedger a seamless process and encourage crypto adoption as we believe crypto is the future of payments.”

previous article

Ardian and iCapital are collaborating to expand access to private markets investing for wealth managers

Continue reading

next article

Yethi Consulting raises Series A equity financing

Continue reading

Analysis of the IBSi Daily News

Cloud Adoption Banks

Cloud is Critical to Modernization: What’s Standing in the Way of Success?

Continue reading

IBSi FinTech Journal

  • Most Trusted FinTech Journal Since 1991
  • Digital Monthly Edition
  • Over 60 pages of research, analysis, interviews, opinions and rankings
  • Global coverage

subscribe now

Leave a Comment