Wikipedia partners with BitPay to accept Bitcoin Cash donations

The most know multilingual, web-based, encyclopedia, Wikipedia, has added support for donations made in Bitcoin Cash via BitPay.

According to their press release, The Wikimedia Foundation, the non-profit that manages Wikipedia and dozens of other free knowledge projects, has, recently, partnered with popular payment processor BitPay in order to enable users to donate using Bitcoin and Bitcoin Cash. Bitcoin core donations have been active since 2014 but were only possible through Coinbase.

The director of payments and operations at Wikimedia Foundation stated

Our donors have shown an increased interest for different cryptocurrencies, so accepting bitcoin cash was a natural next step […] We accept donations globally, and we strive to provide a large variety of donation options. It’s very important that we can get international donations processed in ways that are efficient and cost-effective.

Bitpay works with different large non-profits to allow them to accept cryptocurrency donations. During the last couple of years, the company reports that donations have increased dramatically, especially at the end of the year as people look for tax benefits. In fact, by the end of 2018, the service saw a record $1 Billion in transactions and expects to continue in 2019 processing several multi-million dollars donations.

Bitcoin and bitcoin cash are one of the cheapest payment options available so more money goes to charity rather than paying fees. Wikimedia does so much good around the world that it is a privilege to help them raise money,” said Sonny Singh, Bitpay chief commercial officer.

About The Wikimedia Foundation

The Wikimedia Foundation is the nonprofit organization that operates Wikipedia and the other Wikimedia free knowledge projects. Its main vision is a world in which every single human can freely share in the sum of all knowledge. The Wikimedia Foundation is a United States 501(c)(3) tax-exempt organization with offices in San Francisco, California, USA.

About BitPay

Founded in 2011, BitPay is the pioneer and the most experienced company in Bitcoin and blockchain payments. Its suite of products enables businesses to send and receive cross-border payments, also enabling consumers to manage digital assets with the BitPay Wallet and turn digital assets into dollars with the BitPay Prepaid Visa® Card. The company has offices in North America, Europe, and South America and has raised over $70 million from leading investors.

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Khalil Liouane

Computer Engineering student, interested in blockchain tech startups creating innovative solutions that can shape a better future.If you are one of those startups email me: contact@decentral.news

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