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Coinbase to resign its partnership with as they look at BitPay as a substitute

Sthuthie Murthy



Coinbase to resign its partnership with as they look at BitPay as a substitute
Source: Pixabay sees Bitpay as the next option as Coinbase is terminating the existing merchant processing solutions, according to reports. has been asking for customer feedback on using Bitpay to process BTC payments because of the termination of its existing processor, Coinbase which will get out of business by the month end.

Jeff Klee, CEO of the travel website stated:

“We were recently informed by our processing partner, Coinbase, that they will no longer support ‘custodial’ solutions for merchants.”

He continued stating:

“They are also removing a number of the tools and features that we rely on to accept bitcoin from shoppers. These changes are scheduled to occur in a matter of few weeks.”

To be precise, merchants will not be allowed to generate fresh orders using Merchant tools from April 30th but the tools users will be able to process refunds. May 31st being the last date for the users to migrate to Coinbase Commerce, there is not much time left. This might be disruptive to the existing customer, Coinbase admits., a travel booking website has been accepting Bitcoin as a payment option using Coinbase. After the termination, they have considered Bitpay currently and also announced additional plans for cryptocurrencies. Klee proceeded to outline the company’s additional plans for cryptocurrencies. The Bitcoin received were immediately being converted to fiat as the travel supplier partners require the company to transfer immediately.

Adding on to the previous statement, the CEO says:

“At the end of the month, Coinbase is getting out of the business, leaving us scrambling for an alternative. They have provided us with services all this while and now they are leaving.”

Coinbase had earlier announced the launch of a new service for merchants last month – Coinbase Commerce. As a result, the company is retiring the merchant tools product focus in order to make the commerce service the best solution for online retailers. This is supposed to allow merchants to receive multiple digital currencies to a user-controlled wallet.

The company quoted:

“We’ve designed Coinbase Commerce to be a free non-custodial solution for accepting cryptocurrency so merchants can maintain full control over their funds.”

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Sthuthie Murthy is a full-time reporter at AMBCrypto. She has been researching and writing about the Blockchain technology for a year now. Her passion for blockchain has led her to be a part of AMBCrypto's news reporting team. She does not hold value in any cryptocurrencies currently.

Bitcoin Cash

Bitcoin Cash [BCH] rolls out iOS version of Bitcoin Cash Register

Rishi Raj



Source: Pixabay

Bitcoin Cash [BCH] recently made headlines when the CEO of, Roger Ver got involved in a bet of $10,000 with Tone Vays, a popular Bitcoin maximalist which the former lost. After launching a free point-of-scale solution, Bitcoin Cash Register for Android operating systems, and its developers have rolled out an iOS version of the same.

Bitcoin Cash register allows anyone with an Android or iOS device to accept BCH payments. This came as a part of the company’s agenda to promote the adoption of crypto in the mainstream. With the installment Bitcoin Cash Register, it would be easier for retailers to accept BCH as payment from customers.

As reported by, Bitcoin Cash Register claims to be easy to use without any prior account registration and the transactions are carried out in a non-custodial manner. This was confirmed by via a tweet:

The bet between Roger Ver and Tone Vays regarding the low transaction fee had left the social media divided, with proponents on both sides arguing about the authenticity of the bet and factors taken into consideration while betting.

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