BitPay takes Bitcoin to outdoor marketplace
BitPay has entered into a partnership with Hester Street Fair, an outdoor marketplace in New York, which will allow the fair’s vendors to accept bitcoin.
Hosted in New York’s Lower East Side, Hester Street Fair offers everything from handmade jewelry and rare vintage pieces, to wood fired pizza and ice cream sandwiches.
The following vendors will be accepting bitcoin:
- Hudson & Charles: serving a rotating menu of sandwiches
- Melt Bakery: NYC’s first ever ice cream sandwich shop
- An Artistic Taste: comfort food with a twist
- Baron Fig: elegant notebooks for creative types
- Rosette: Lower East Side restaurant
- Café Patoro: Brazilian cheese breads with non-traditional flavors
- Calmer Sutra Tea: chai tea and other blended teas
- Xcubicle: Lower East Side Bitcoin workshops and hacker space
- Rachel Mae’s Farmstand
- Delicate Raymond: costume jewelry
The fair will be followed by a Bitcoin Meetup from 4-6 p.m. at the Xcubicle skillshare space and a Bitcoin Fair after-party from 6-10 p.m. at the Rosette. Partygoers will be able to purchase cocktails and beers with bitcoin.
“We are excited to be working with BitPay to offer our vendors a way to use this cutting-edge technology. Hester Street Fair will be the place where the Bitcoin community can socialize, shop and eat,” said Suhyun Pak, co-founder of Hester Street Fair & NYC Bitcoin Fair.
The fair supports a community of artists, collectors and first-time entrepreneurs that will use Bitcoin to make a new and exciting shopping experience. Through BitPay, the vendors will be able to accept payments with a 1% or lower processing fee, a fraction of the fees required by other commonly used payment processors such as Square, according to the company.
“We are so pleased with our new partnership with Hester Street Fair. It is another milestone for Bitcoin. We are seeing it used in more brick and mortar outlets which is amazing to witness,” said Tony Gallippi, executive chairman of BitPay.