SEATTLE, Oct. 5, 2022 /PRNewswire/ — ZenLedger, the worldwide chief in cryptocurrency tax software program and blockchain analytics, as we speak introduced the corporate is accepting cryptocurrency as fee for items and companies utilizing BitPay, the world’s largest supplier of Bitcoin and cryptocurrency fee companies. The power to simply accept cryptocurrency allows ZenLedger to supply finish to finish performance for crypto merchants globally. Extra shoppers are turning to crypto with 56% reporting they wish to buy crypto, practically half viewing crypto as an funding and greater than 40% wanting to make use of it to make funds, in response to the most recent “Paying With Cryptocurrency” report from PYMNTS.
“As a model designed to assist merchants and people on the chopping fringe of Web3 Innovation, the choice to simply accept crypto funds utilizing BitPay was simple,” mentioned Pat Larsen, CEO and Co-Founding father of ZenLedger. “Our final aim is to at all times facilitate the crypto expertise for our customers with a view to save money and time. Which means every thing from monitoring their transactions, to providing them the possibility to make use of these funds for our companies. We imagine within the long-term development and innovation within the trade and so that is the subsequent step in making issues simpler for our clients.”
By including cryptocurrency to its fee choices ZenLedger reduces transaction charges whereas rising fee transparency and effectivity. BitPay pioneered blockchain fee processing to allow funds utilizing cryptocurrencies together with ApeCoin (APE), Bitcoin (BTC), Bitcoin Money (BCH), Dogecoin (DOGE), Ethereum (ETH), Litecoin (LTC), Shiba Inu (SHIB), Wrapped Bitcoin (WBTC) XRP, 5 USD-pegged stablecoins (BUSD, DAI, GUSD, USDC, and USDP) and one Euro-backed secure coin (EUROC). BitPay’s enterprise options get rid of transaction fraud, cut back the price of fee processing, and allow borderless funds in cryptocurrency. With fast settlements in US {Dollars}, ZenLedger avoids any cryptocurrency worth volatility or threat to the corporate.
“Because the main Crypto Tax Software program, ZenLedger is filling a necessity for shoppers who wish to purchase, make investments and spend crypto alongside different funding autos and nonetheless preserve observe for accounting and tax functions,” mentioned Merrick Theobald, Vice President of Advertising and marketing at BitPay. “Our aim at BitPay is to make accepting crypto for ZenLedger a seamless course of and to assist promote crypto adoption as we imagine crypto is the way forward for funds.”
About ZenLedger
ZenLedger is the main cryptocurrency tax and accounting suite for traders and tax professionals. ZenLedger collects, analyzes, and accounts in your transaction info throughout hundreds of exchanges, NFTs, DeFi, wallets, and tokens in a single easy dashboard. The corporate leads the trade in variety of blockchains and tokens supported whereas additionally providing quick, pleasant customer support. Crypto traders can acquire simple, helpful portfolio and money administration insights whereas additionally saving time and stress. ZenLedger provides blockchain protocols, funding funds, firms, and governments with the instruments wanted for taxation, accounting, investigation, and audits. ZenLedger’s traders embrace blockchain enterprise funds, crypto founders, and main crypto & fintech enterprise capital corporations together with Parafi, Mark Cuban, AVAX Blizzard fund and ALGO Borderless Capital.
About BitPay
Based in 2011, BitPay is without doubt one of the oldest cryptocurrency firms. As a pioneer in blockchain fee processing, the corporate’s mission is to rework how companies and folks ship, obtain, and retailer cash. Its enterprise options get rid of fraud chargebacks, cut back the price of fee processing, and allow borderless funds in cryptocurrency, amongst different companies. BitPay presents shoppers a whole digital asset administration resolution that features the BitPay Pockets and BitPay Pay as you go Card, enabling them to show digital property into {dollars} for spending at tens of hundreds of companies. The corporate has workplaces in North America, Europe, and South America and has raised greater than $70 million in funding from main funding corporations together with Founders Fund, Index Ventures, Virgin Group, and Aquiline Expertise Progress. For extra info go to bitpay.com.
Media Contacts:
Paul Garland, Director of Advertising and marketing
ZenLedger
[email protected]
Jan Jahosky
BitPay
[email protected]
SOURCE ZenLedger
