Global provider of bitcoin (BTC) and crypto payment services BitPay has announced it now supports Litecoin (LTC). As such, companies using BitPay should now accept LTC as a payment option.
Recent reports indicate that Newegg.com, an online tech-focused retailer, will be the first merchants worldwide to accept LTC via BitPay. The first of what the Litecoin Foundation believes to be thousands.
LTC’s creator, Charlie Lee, remarked, “Litecoin’s fast transaction times and super low fees are ideal for an ecommerce giant like Newegg.