FDCServers.net, LLC, provider of Dedicated Servers, Private Cloud, Virtualization and IP transit, Services for businesses and enterprises, today announced the company is accepting Bitcoin, Bitcoin Cash, XRP and ETH, as well as four dollar-pegged stablecoins, USDC, GUSD, PAX and BUSD, for payment for goods and services from BitPay, the world's largest provider of Bitcoin and cryptocurrency payment services. The ability to accept cryptocurrency expands FDCServers.net into international markets where accepting credit cards is not practical. FDCServers.net benefits by adding cryptocurrency to its payment options while reducing high fees increasing payment transparency and efficiency.
"We decided to accept cryptocurrency because our worldwide oriented business. As we provide our services in the North America, South America, Europe and Asia, it is a logical and inevitable step. By accepting cryptocurrency we follow the spirit of our services," said Petr Kral, Founder of FDCServers.net. "We chose BitPay to manage our merchant processing because they make it easy and handle the entire process of getting cryptocurrency from the customer and depositing cash into our account, " adds Kral.
Using BitPay, FDCServers.net receives settlement the next business day directly to its bank account in its local fiat currency US Dollars. There is no cryptocurrency price volatility or risk to FDCServers.net. As a push transaction, the user sends the exact amount of cryptocurrency needed to pay the bill. This eliminates traditional credit card fraud and identity theft risks associated with credit cards. Unlike the high cost of credit cards, BitPay charges 1% to approve the cryptocurrency transaction and manage settlement. BitPay enables transactions from any computer or mobile device making it convenient for FDCServers.net's customers.
"FDCServers.net realizes the potential for cryptocurrency to transform its business providing of the services in the field of Dedicated servers, Private Cloud, Virtualization, etc., making payments faster, more secure, and less expensive on a global scale," said Sean Rolland, Director of Product Management at BitPay. "Our goal is to make accepting cryptocurrency a seamless process."
Blockchain uses distributed ledger technology which is essentially an open, online spreadsheet. A major advantage is that blockchain provides incredible transactional transparency as every transaction is verified, recorded and stored. This process creates highly efficient services and an overall better experience for FDCServers.net customers.
Since 2001, FDC Servers has pioneered unmetered 10Gbps, 100Gbps, 400Gbps bandwidth services with massive connectivity to the Internet. FDC's infrastructure is used by tens of millions internet users across the globe, delivering services to thousands of clients in 100+ countries.
Founded in 2011, BitPay pioneered blockchain payment processing with the mission of transforming how businesses and people send, receive, and store money. Its business solutions eliminate transaction fraud, reduce the cost of payment processing, and enable borderless payments in cryptocurrency and fiat, among other services. BitPay offers consumers a complete digital asset management solution that includes the BitPay Wallet and BitPay Prepaid Card, enabling them to turn digital assets into dollars for spending at tens of thousands of businesses. The company has offices in North America, Europe, and South America and has raised more than $70 million in funding from leading investment firms including Founders Fund, Index Ventures, Virgin Group, and Aquiline Technology Growth. For more information visit bitpay.com.
The BitPay Visa® Prepaid Card is issued by Metropolitan Commercial Bank, member FDIC, pursuant to a license from Visa, U.S.A. Inc. "Metropolitan" and "Metropolitan Commercial Bank" are registered trademarks of Metropolitan Commercial Bank © 2014. Use of the Card is subject to the terms and conditions of the applicable Cardholder Agreement and fee schedule if any.