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 providers utilizing BitPay, the world’s largest supplier of Bitcoin and cryptocurrency fee providers. The power to just accept cryptocurrency permits 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 accordance with the most recent “Paying With Cryptocurrency” report from PYMNTS.
“As a model designed to assist merchants and people on the slicing fringe of Web3 Innovation, the choice to just accept crypto funds utilizing BitPay was straightforward,” mentioned Pat Larsen, CEO and Co-Founding father of ZenLedger. “Our final objective is to all the time facilitate the crypto expertise for our customers as a way to save money and time. Which means all the pieces from monitoring their transactions, to providing them the prospect to make use of these funds for our providers. We consider within the long-term development and innovation within the business and so that is the subsequent step in making issues simpler for our prospects.”
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 steady coin (EUROC). BitPay’s enterprise options get rid of transaction fraud, scale 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 automobiles and nonetheless preserve observe for accounting and tax functions,” mentioned Merrick Theobald, Vice President of Advertising at BitPay. “Our objective at BitPay is to make accepting crypto for ZenLedger a seamless course of and to assist promote crypto adoption as we consider crypto is the way forward for funds.”
About ZenLedger
ZenLedger is the main cryptocurrency tax and accounting suite for buyers and tax professionals. ZenLedger collects, analyzes, and accounts to your transaction data throughout hundreds of exchanges, NFTs, DeFi, wallets, and tokens in a single easy dashboard. The corporate leads the business in variety of blockchains and tokens supported whereas additionally providing quick, pleasant customer support. Crypto buyers can achieve straightforward, invaluable portfolio and money administration insights whereas additionally saving time and stress. ZenLedger provides blockchain protocols, funding funds, companies, and governments with the instruments wanted for taxation, accounting, investigation, and audits. ZenLedger’s buyers 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 among the oldest cryptocurrency corporations. 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, scale back the price of fee processing, and allow borderless funds in cryptocurrency, amongst different providers. BitPay presents shoppers an entire digital asset administration answer 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 Know-how Development. For extra data go to bitpay.com.
Media Contacts:
Paul Garland, Director of Advertising
ZenLedger
[email protected]
Jan Jahosky
BitPay
[email protected]
SOURCE ZenLedger
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