Bitcoin Checkout app takes on Apple Pay

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Just two weeks after Apple launched its near-field communications (NFC) system for mobile payments in retail stores, Bitcoin payments processing company BitPay announced Bitcoin Checkout, an NFC-based tool for mobile Bitcoin transactions.

Announcing the system in a company blog post, along with plans to demo Bitcoin Checkout at this week’s Money2020 event in Las Vegas, BitPay says its app is already available for merchants using Android devices (more on iOS later). Bitcoin Checkout also features multi-employee checkout and tools for handling tips, particularly useful for those in service industries.

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Network World Colin Neagle