HackerOne, U.S.-based hacker-powered security platform, announced on Friday it now accepts bitcoin payments through global blockchain payments provider BitPay. According to the duo, BitPay enables HackerOne to receive international payments faster and more economically than traditional bank wires.
HackerOne reported that its customers may skip costly, complicated cross-border wire transfers and receive or send international payments with BitPay and those who select the BitPay cross-border solution pay a fee of one percent for this transaction and can receive the cross-border confirmation in one business day. Speaking about the partnership, Ning Want, Chief Financial Officer and Chief Operating Officer at HackerOne, stated:
“Many of our customers have come to rely on making payments in cryptocurrency as it is quickly becoming a popular payment method. It was important to us to continue to offer Bitcoin and Bitcoin Cash to our customers and we can do that through BitPay.”
Sonny Singh, Chief Commercial Officer of BitPay, then concluded:
“Using Bitcoin, HackerOne is now able to safely accept payments from clients in Asia, Africa and Latin America that would have been nearly impossible before. HackerOne has a great reputation of product innovation and accepting Bitcoin payments is another example of that.”