BITPAY, INC.
ATLANTA, GA

BitPay, Inc. is an agile and independent cryptocurrency payment processor based in Atlanta, GA, with a primary postal mailing address at 1201 W Peachtree St NW PMB 91017, Atlanta, GA 30309, US. Established on April 08, 2015, and incorporated as a Florida domestic organization for profit (FORP), BitPay provides merchant services for businesses and registered charitable organizations to accept cryptocurrency payments with convenience and ease. The company is licensed as a money transmitter in several states and adheres strictly to financial regulations including the Bank Secrecy Act. BitPay's operating ethos is founded on its flat organizational structure, promoting ownership and accountability across all levels of employment. This decentralized model facilitates agile processes allowing for rapid development cycles and deploying updates multiple times per day, ensuring that BitPay maintains an edge in providing premier cryptocurrency payment solutions to merchants. The company’s focus extends beyond office walls, recognizing the importance of flexibility in its workforce's work arrangements. However, they mandate a shared goal: to create an exceptional Bitcoin payment experience for their users. The commitment to innovation and customer-centric development is integral when BitPay is onboarding new talent, actively seeking motivated individuals who are passionate about the evolving world of cryptocurrency. Compliance with legal terms forms the core of BitPay's operations, as evidenced by its Business Agreement that requires all users to accept a binding set of conditions. These terms articulate strict adherence to regulations and outline non-liability for various potential software issues or damages, reinforcing their role as an agency in currency transactions rather than serving as an exchange platform. As a Money Service Business registered with the U.S. Department of Treasury's Financial Crimes Enforcement Network (FinCEN) and carrying the Fei Number 47-1800077, BitPay is tasked with significant responsibilities including merchant identity verification and record maintenance of cryptocurrency transactions for up to five years - or seven in New York. Such obligations ensure transparency and regulatory compliance in all operations. BitPay's executive team includes industry leaders Stephen Pair as President, alongside directors Carl Stern and Cole Riccardi who guide the company’s strategic directions. For more information about BitPay or its services, visit their website at bitpay.com or contact them on various lines including (404) 793-6231; (404) 907-2055 for regional queries; or internationally via (212) 480-6282. Their current status reflects continuous updates with the most recent Annual Report filed on February 12, 2024.