SOURCE: Business RadioX

Business RadioX

July 03, 2014 10:00 ET

Gwinnett Business RadioX's On the Money Explores Digital Currency

Bitpay Discusses Merchants' Ability to Accept Bitcoin Payments

ATLANTA, GA--(Marketwired - July 03, 2014) - On the Money, the Business RadioX radio show that focuses on Atlanta's small business financial services, featured Bitpay CFO Bryan Krohn. He was interviewed by host Joe Moss, president of Embassy National Bank, on June 11, 2014.

Bitpay is an Atlanta-based company that provides processing services for merchants and consumers that accept Bitcoin. Using peer-to-peer technology, Bitcoin operates with no central authority or banks. Managing transactions and the issuing of bitcoins is carried out collectively by the network. 

"Bitpay was the idea of co-founders Stephen Pair and Tony Gallippi," explained Krohn. "In 2011 they developed a technology based on the idea of using the Bitcoin technology to allow merchants to accept Bitcoin payments."

An international company, Bitpay is a border-less payment system accepted globally, and has its European headquarters in the Netherlands. Bitpay uses a cryptocurrency, which is a counterfeit-proof digital currency. It is available as units, or bitcoins, measured by the US dollar value, and can be used to purchase items globally. Bitpay currently has over 35,000 merchants accepting Bitcoin, and the monthly volume of transactions equal roughly 30 to 40 million dollars.

To learn more about Bryan Krohn and Bitpay, listen to this entire interview at On the Money.

About On the Money: 
http://onthemoney.businessradiox.com
On the Money focuses on topics and issues allowing small businesses to better navigate the financial services minefield, with analysis and opinions from today's industry experts on banking and loans. On the Money introduces listeners to some of the top small business leaders in the Atlanta market. Hosted by Joe Moss and sponsored by Embassy National Bank, On the Money airs live every Wednesday at 3:00 PM Eastern from the Gwinnett Business RadioX® studio.

About Embassy National Bank: 
Embassy National Bank was founded in 2007 to meet a need of its community: a truly business-friendly local partner who could make lending and banking accessible, straightforward and grounded. A local group of businessmen with backgrounds in finance, banking and hospitality created that partner for the greater Atlanta area, especially the communities of Lawrenceville, Duluth, Suwanee and Norcross. To support that vision, Embassy National Bank has assembled a team of managers and bankers with both local and nationwide experience to support the bank's mission: to be the community partner small businesses want, and neighbors need. For more information, visit http://www.embassynationalbank.com

About Business RadioX®: 
Business RadioX® interviews dozens of innovative entrepreneurs and successful leaders each week. Its mission is to help local businesses Get The Word Out about the important work they're doing for their market, their community, and their profession. With a pro-business slant and a long-form interview format, guests don't have to worry about being ambushed or talking in "sound bites." Guests have enough time to tell their whole story and to share their insights and experience without interruptions. Business RadioX® hosts are business professionals interviewing their peers, drilling down on the critical issues, and delivering practical information to an engaged business audience. Business topics that are frequently covered include: Law, Finance, Healthcare, Technology, Trade Shows, B2B Marketing, Venture Capital, Training and Development and other issues impacting the business community. For more information, visit: http://www.businessradiox.com.

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