BitPay is a developer of a suite of software tools allowing businesses to collect payments over the bitcoin peer-to-peer payment network. Using BitPay, a business can instantly accept a payment from any country with zero risk of fraud, a capability that is not possible with any payment processor today, including PayPal, American Express, Mastercard, or Visa. In addition to the payment gateway API, BitPay offers simple "buy now" buttons and payment plugins for the most common eCommerce shopping carts such as Magento, WordPress eCommerce, Woocommerce, OpenCart, and Virtuemart.