The Bitcoin Foundation added a new member to its ranks on 21st March.
, a leading merchant processor that enables organizations to accept bitcoin, has become a Gold Member of the Bitcoin Foundation, an official blog post from the organisation revealed.
The Bitcoin Foundation's goal is to advocate globally for the use of bitcoin as a new financial tool to enable monetary access, transparency and innovation.
, Tony Gallippi, CEO and co-founder of BitPay, said:
BitPay has over 20,000 organizations as customers accepting bitcoin as a form of electronic payment, which costs less than the average fee for merchant credit card processing.
About the Bitcoin Foundation
The Bitcoin Foundation has three membership tiers for industry: silver, gold, and platinum. Industry membership benefits are outlined here.
Individuals can also join the Bitcoin Foundation in one of two tiers: annual and lifetime. Individual membership benefits in the Bitcoin Foundation include a vote in the membership class and access to member forums to discuss initiatives and the organization's overall direction.
Disclaimer: CoinDesk founder Shakil Khan is an investor in BitPay.
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