Bitcoin Cash (BCH) is a hard fork of Bitcoin which came into effect in August 2017. Increasing fees on the Bitcoin network had contributed to a move by the community to create a hard fork to increase the block size to 8MB. The situation had previously favoured those who saw Bitcoin as a digital investment rather than as a transactional currency. After the hard fork was executed, the Bitcoin Cash upgrade made Bitcoin usable as cash again. In 2018 Bitcoin Cash subsequently split into two cryptocurrencies; Bitcoin Cash (BCH) and Bitcoin SV.
Bitcoin Cash transaction fees are very low and transaction times are fast. Its team of developers continue to carry out upgrades to make Bitcoin Cash the best payment method in the world. The decentralized development also keeps Bitcoin Cash resistant to political and social attacks on protocol development. With a strong roadmap, Bitcoin Cash’s future is bright and as a result, it is becoming a more popular payment method than ever.
Bitcoin Cash has cheaper transfer fees than Bitcoin, so making transactions in this way saves money. For this reason Bitcoin Cash has seen an upward trend, making it the fourth ranked coin on Coinmarketcap. Bitcoin Cash also offers fast transaction times so it stands to reason that the numbers of people wanting to use BCH to make payments for goods or services has been rising.
To cater for the needs of those looking to accept Bitcoin Cash payments, there are special providers who specialise in facilitating the transaction process. This is enabled via a Bitcoin Cash gateway, a decentralised payment platform which allows merchants to accept Bitcoin Cash transactions at a lower cost, and faster than Bitcoin.
Plisio service allows you easily to get payments in the most popular cryptocurrencies, including Bitcoin Cash. And to make operations easier, all received payments are automatically calculated in EUR / USD or in BTH, depending on the parameters you set.
To integrate our payment gateway on your site, choose:
- One of the ready-made Plisio integrations for e-commerce content management systems or web-billing platforms
- API for a developer that can be customized for any website and other platforms
- Payment buttons for accepting donations or simple payments (for example, if you sell only one or a few products)
To start accepting Bitcoin Cash, as well as Ethereum, Litecoin and other cryptocurrencies, first sign up. Then create API credentials if you are going to use our e-commerce plug-ins or APIs. If not, just create your payment button.
To keep all payments received in a cryptocurrency (i.e. receive payments in bitcoin cash) on Plisio, verification is not required.