Namecheap, a leading American based ICANN registrar with 3 million domains, today announced that it’ll now be accepting payments via Bitcoin, a peer to peer decentralized currency that enables instant payments to anyone located anywhere in the world. It has no central authority, so managing transactions and issuing money are carried out collectively by the P2P network. In addition to Bitcoin, the company also accepts payments via PayPal, Google CheckOut, Visa, Mastercard, and American Express.
The company began considering the acceptance of Bitcoin a while back and today announced that customers can use Bitcoins to purchase Namecheap’s range of services, which include domain names, Web hosting, SSL certificates and security programs. The move has come in light of heavy requests from tech audience regarding the same and is a part of Namecheap’s ongoing campaign to support online freedom.
“We are proud to be the first major registrar to introduce Bitcoin into our line up of payment options,” Richard Kirkendall, CEO, Namecheap said. “We here at Namecheap have always believed in a free and open internet. Bitcoin, which is considered by many to be the model of a ‘free and open’ currency, fits perfectly into that way of thinking.”
“Namecheap is a customer-focused domain name registrar and web host. For months, Bitcoin has been requested of Namecheap among the tech audience. We’re pleased to announce that we’ve listened to your feedback. Namecheap continues to innovate and respond to threats and challenges in the online space. In the last 13 months, we donated over $100,000 to the Electronic Frontier Foundation to support online freedom. We consider ourselves the pioneers in the space in innovation and freedom.” said an official announcement by the company.
Namecheap’s acceptance comes as a major boost to Bitcoin, which is is increasingly winning a place on the internet as a legitimate currency, but has had it’s share of dodgy past. Posing a tangible threat to centralised banking and the guardians of fiat money, Bitcoin won’t knock off the dollar any time soon; but it is clearly a force to be reckoned with. To learn more about Bitcoins, click here.
Namecheap is a Los Angeles-based ICANN accredited domain registrar founded in 2000 by CEO Richard Kirkendall. With over 1,000,000 clients and millions of domain names under management, Namecheap is one of the top domain registrars in the world and also offers web hosting services. Find out more by visiting www.namecheap.com.