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Shells partners with BitPay to accept crypto payments

By Pavithra R

June 10, 2021

  • America
  • Shells
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Shells partners with BitPay to accept crypto paymentsShells, a new virtual cloud desktop startup, has announced accepting cryptocurrency payments using blockchain payment technology provider BitPay.

The ability to accept cryptocurrency enables Shells to attract new customers and sales by tapping the massive crypto marketplace, which is a perfect fit for the secure, personal cloud computers that are offered by Shells. BitPay enables the startup to accept cryptocurrency as a form of payment without having to buy, own or manage crypto.

“The entire Shells team consider itself early adopters of cryptocurrency. We firmly believe in it, so it only made sense to accept it as a form of payment for our service. We’re thrilled to partner with BitPay as they manage the entire process, making it easy to receive crypto from our customers and convert and deposit U.S. dollars into our account,” said Alex Lee, CEO of Shells.

“We strive to provide the highest level of privacy and security when it comes to our cloud desktop workspaces. In addition to owning our server hardware, we have developed and optimized our product to provide customers with a secure and isolated environment on any web-enabled device,” added Lee.

Shells by accepting BTC, BCH, DAI, DOGE, ETH, WBTC and stablecoins USDC, GUSD, PAX and BUSD payments through BitPay, is broadening its customer base while being protected from the price volatility of crypto transactions. It benefits by adding cryptocurrency to its payment options while reducing high fees increasing payment transparency and efficiency.

Shells receives settlement the next business day directly to its bank account in US Dollars. There is no cryptocurrency price volatility or risk to Shells. BitPay’s business solutions eliminate transaction fraud, reduce the cost of payment processing, and enable borderless payments in cryptocurrency.

“Our goal at BitPay is to make accepting crypto a seamless process and increase adoption as crypto is the future of payments. We are building blockchain payment technology solutions to transform how businesses like Shells send, receive, and store money around the world. Shells realizes the potential for cryptocurrency to transform the virtual desktop industry, making payments faster, secure, and less expensive worldwide,” said Shaun Worley, Vice President of Product at BitPay.

Founded in 2011, BitPay builds powerful, enterprise-grade tools for crypto acceptance and spending. The FinTech is developing blockchain payment technology to transform how businesses and people send, receive, and store money worldwide. Its business solutions eliminate transaction fraud, reduce the cost of payment processing, and enable borderless payments in cryptocurrency.

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