Wikipedia begins accepting Bitcoin Cash donations with the help of BitPay

30 Jan, 2019
by Richard Allen
Wikipedia begins accepting Bitcoin Cash donations with the help of BitPay

Wikipedia, one of the most popular websites on the Internet, has added support for donations made in Bitcoin Cash via BitPay.

According to the press release, The Wikimedia Foundation, a non-profit that manages Wikipedia and several other free knowledge projects, has partnered with popular payment processor BitPay to enable users to support the site with Bitcoin Cash and Bitcoin core donations. Bitcoin core donations have been active since 2014 but were only possible through Coinbase.

Read more: Wikipedia traffic suggests crypto market cap has no correlation to public interest

“Our donors have shown an increased interest for different cryptocurrencies, so accepting Bitcoin Cash was a natural next step,” said Pats Pena, Director of Payments and Operations, Wikimedia Foundation.

BitPay provides many organizations with the ability to accept cryptocurrency donations. Bitcoin donations have reportedly increased dramatically in the last couple of years, especially at the end of the year for tax benefits. BitPay processed several multi-million dollar donations to non-profits and expects that trend to continue this year.

Sonny Singh, Chief Commercial Officer at BitPay said, “Bitcoin and bitcoin cash are one of the cheapest payment options available so more money goes to charity rather than paying fees. Wikimedia does so much good around the world that it is a privilege to help them raise money.”

BitPay saw a record-breaking year last year, as the payment network saw $1 billion in transactions.

Read more: Record $1 Billion in transactions for BitPay in 2018

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