BitPay Aims to Speed Up Bitcoin Checkout with ‘One-Tap’ App

BitPay has released a new merchant app that aims to cut queues at the till with ‘one-tap’ bitcoin payments.
Bitcoin Checkout, which debuted at the Money20/20 conference in Las Vegas this week, makes BitPay the first bitcoin merchant processor to offer one-touch payments at the point of sale.
In what the company describes as a ‘seamless’ experience, customers can hold their tablet or smartphone over the merchant’s point-of-sale device and – using NFC (near-field communication) technology – submit their digital cash by tapping ‘send’.
Mobile apps by Mycelium, Bitcoin Wallet and Hive are all compatible with the contactless functionality, following testing by BitPay’s team.
However, in conversation with Gigaom, executive chairman Tony Gallippi said that many bitcoin wallet developers have not yet enabled NFC, so the company expects this list to grow.