BitPay 's transaction volumes have grown 1,800 % from 2014 to 2016 , helped by increasing adoption of bitcoin as payment among affiliate networks , according to a blog post by CCO Anand Singh . He says BitPay 's low merchant fees of between 1 % - 5 % are an attractive proposition for affiliate networks , along with the ability to transact varying payment This led to a dramatic increase in advertisers and affiliates paying and receiving bitcoin, which has now become one of the most effective ways to pay online in Turkey. amounts across a wide range of jurisdictions and developing markets , including those outside the EU 's SEPA or US 's ACH , and areas where traditional methods are unavailable , such as Turkey .
BitPay 's transaction volumes have grown 1,800 % from 2014 to 2016 , helped by increasing adoption of bitcoin as payment among affiliate networks , according to a blog post by CCO Anand Singh . He says BitPay 's low merchant fees of between 1 % - 5 % are an attractive proposition for affiliate networks , along with the ability to transact varying payment amounts across a wide range of jurisdictions and developing markets , including those outside the EU 's SEPA or US 's ACH , and areas where traditional methods are unavailable , such as Turkey .