The world’s leading online encyclopaedia, Wikipedia now accepts donations from its users all over the world in Bitcoin and Bitcoin Cash.
Wikimedia, the non-profit organization that runs Wikipedia and some other similar free knowledge projects has forged a partnership with Bitpay, a renowned cryptocurrency payment processor to help it receive donations in Bitcoin (BTC) and Bitcoin Cash (BCH).
In fact, Wikipedia has already been receiving donations in Bitcoin since 2014 through Coinbase, but it recently switched to Bitpay and has used the opportunity to add BCH to the number of cryptocurrencies it accepts in donation.
Pat Pena, the director of payments and operations at Wikimedia Foundation said “Our donors have shown an increased interest for different cryptocurrencies, so accepting Bitcoin cash was a natural next step. We accept donations globally, and we strive to provide a large variety of donation options. It’s very important that we can get international donations processed in ways that are efficient and cost-effective.”
Many large non-profits have been known to make use of Bitay’s services to help them accept cryptocurrency donations. These organisations have indicated that cryptocurrency donations have increased over the last couple of years. The Bitpay service has reportedly processed millions of dollars’ worth of donations for these entities over the last couple of years.
Commenting on this progress, Bitpay’s Chief Commercial Officer (CCO) Sonny Singh said “Bitcoin and Bitcoin cash are one of the cheapest payment options available so more money goes to charity rather than paying fees. Wikimedia does so much good around the world that it is a privilege to help them raise money.”