The Canadian company unveiled its new feature at the first North American Bitcoin Conference in Miami on 24-26th January. It includes KryptoDirectory, a one-stop shopping directory incorporating BitPay data on business accepting bitcoin payments.
BitPay allowed access to its database of merchants as part of the deal.
The directory will appear as a tab within the KryptoKit Chrome wallet window. Once users surf to the site they’d like to shop at, the extension automatically sniffs out bitcoin addresses for each item from the site and inserts them into the wallet window, creating a list of payment options.
Users simply click on the address corresponding to the item they want to purchase, and then click ‘send’ (hence the term ‘two-click solution’).
One of KryptoKit’s key features is its ability to detect bitcoin addresses on any site and display them for easy selection. There’s no need to scan QR codes or even copy-paste address strings.
“As Bitcoin becomes more universally known and accepted as currency, we saw a clear need to have a single, clean and easy to use resource for finding businesses that welcome cryptocurrency,” said Anthony Di Iorio, the company’s co-founder along with Steve Dakh.
“KryptoKit will roll out more BitPay merchant sites in the upcoming weeks.”
KryptoKit is free, open-source and has a five-star rating on Google’s Chrome Web Store. It also features an encrypted message service where users can create new PGP keys or import existing ones.
Users do not need to register, set up accounts, or enter any personal information to use it. And your data will not be stored ‘in the cloud’ – all private keys and bitcoin addresses are kept locally on a users’ machine.
Disclaimer: CoinDesk founder Shakil Khan is an investor in BitPay.
Wallet image via Shutterstock