Faisal KhanAnswered Jul 9, 2015When a customer pays a BitPay merchant, the merchant has two options:
(a) To keep Bitcoins - which would imply they are cognizant of the risks involved in the fluctuating price.
or
(b) To convert the Bitcoins immediately into Cash.
In the latter, BitPay will sell your Bitcoins and then settle the amount (once a day) into a Merchant's bank account via ACH.
(a) To keep Bitcoins - which would imply they are cognizant of the risks involved in the fluctuating price.
or
(b) To convert the Bitcoins immediately into Cash.
In the latter, BitPay will sell your Bitcoins and then settle the amount (once a day) into a Merchant's bank account via ACH.