BitPay and Adyen Partnership Means Facebook, Airbnb and Spotify Could Accept Bitcoin

By Inside Bitcoins Feb 3, 2015 7:50 AM EDT

NEW YORK (InsideBitcoins) — New possibilities in bitcoin acceptance have arisen with the announcement of a partnership between BitPay and Netherlands-based Adyen, a payments technology company. The firms have enabled bitcoin payment acceptance for Adyen’s 3,500 business clients. Jagex, a UK-based game developer, is the first merchant to accept bitcoins with the Adyen payments platform and is the first customer live with Adyen’s integration of BitPay, the Atlanta-based bitcoin payment processor.

Headquartered in Amsterdam and San Francisco, Adyen counts among its clientele four of the five largest U.S. Internet companies, including Facebook, Airbnb, Spotify, Groupon, and Booking.com. The bitcoin payment option is available to these firms through the Adyen platform, though none have announced their intentions to trigger acceptance of the digital currency.

“Gamers are smart. We know they get tech, and we know that for them the cryptocurrency protocol is cool and here to stay.”

“Interest in bitcoin continues to grow among merchants,” said Roelant Prins, chief commercial officer of Adyen in a statement. “And as a business focused on merchant needs, we are excited to give merchants the ability to securely accept bitcoin payments, alongside over 250 payment methods and 187 transaction currencies that we currently offer.”

“Gamers are smart. We know they get tech, and we know that for them the cryptocurrency protocol is cool and here to stay. By allowing our players to pay however they want, we remove any obstacles between them and having fun,” said David Parrott, payment services director, Jagex. “We’re always examining new and viable ways of widening our payment options, and the excellent services that BitPay and Adyen offer give us the commercial peace of mind to do just that.”

“Merchants choosing Adyen and BitPay will receive all the advantages of working with a stable, scalable payments platform, where bitcoin is seamlessly integrated into the Adyen payments flow, reporting, and settlement,” said Tony Gallippi, BitPay’s co-founder and executive chairman. “Adyen is a great company and a great partner to help expand bitcoin adoption worldwide.”

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