Square Crypto announced that it has granted $100,000 to BTCPay Foundation in support of it’s Open-Source Crypto Payment Processor BTCPay Server. According to Square Crypto, while BTCPay Server may appear to be a direct competitor to Square, the firm believes everyone will benefit from open-sourced products.
BTCPay Server is a self-hosted, open-source cryptocurrency payment processor. It’s secure, private, censorship-resistant and free. Receive your bitcoin and altcoin payments without any fees or third-party involvement.
Square, Inc. is a mobile payment company based in San Francisco, California. The company markets software and hardware payments products and has expanded into business services. Square Crypto the division of parent company Square, Inc. is a payments solutions provider and focuses on open source Bitcoin development.
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