Prager Metis Now Accepts Bitcoin and Bitcoin Cash for Payments through Partnership with BitPay

Company News | Prager Metis | May 08, 2020

Prager Metis CPAs, a leading accounting and advisory firm with offices in North America, Europe, and Asia, is proud to accept Bitcoin and Bitcoin Cash as payment through BitPay, the largest global blockchain payments provider.

The ability to accept Bitcoin and Bitcoin Cash as payment positions Prager Metis to not only expand new customer acquisition opportunities but also seamlessly operate in the digital world. As a push transaction, clients send the exact amount of Bitcoin or Bitcoin Cash needed to pay the bill. This eliminates the risk associated with credit and debit cards. BitPay enables transactions from any computer or mobile device and currently operates over 50 different wallets, creating unparalleled convenience for Prager Metis’ clients.

“With the increasing number of clients in technology, real estate, and broker companies exploring ways to mainstream cryptocurrency, the ability to foresee the future and implement the infrastructure necessary to accept the growth of cryptocurrency payments is important to our firm,” says Glenn Friedman, CEO of Prager Metis. “We chose BitPay to manage our merchant processing because they of their complete handling of the entire process, from getting the Bitcoin or Bitcoin Cash from the customer to depositing funds into our account.”

“Prager Metis realizes the potential for cryptocurrency to transform the accounting industry, making payments faster, more secure, and less expensive on a global scale,” said Sean Rolland, Director of Product Management at BitPay. “Our goal is to make accepting Bitcoin and Bitcoin Cash a seamless process.”

In addition to now accepting cryptocurrency as payment, the firm continues to grow its practice serving clients in the digital assets industry. Prager Metis has the expertise to tackle complex challenges that companies face with cryptocurrency and underlying technology, as well as the compliance requirements with these new and evolving markets. Services we provide include blockchain advisory practice, management consulting, global corporate structuring and token tax, token economic and design, token sales advisory, branding and marketing strategy, and attestation services. Partner Brian Goldblatt and Manager Peter Goodrich lead the Digital Assets Practice Group.

Peter Goodrich is a Manager in the Tax Department and specializes in tax planning, consulting, and structuring with domestic and international businesses, whether they are mature or startups, high net worth individuals, and trusts and estates tax planning. His industry expertise includes blockchain, cryptocurrency, entertainment, manufacturing, defense contracting, technology, hedge funds, automotive, hospitality, and real estate.

Brian Goldblatt is a Partner in the Audit and Accounting Department of Prager Metis CPAs with over 12 years of accounting and assurance experience. Brian specializes in a full range of audit and accounting services. He has extensive experience with hedge funds, private equity, private companies, investment companies, digital assets, financial products, internal controls, and financial reporting.

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