BitPay is now accepted in all of Sleep First’s retail stores and for all online mattresses purchases. In fact, we are among the first mattress, massage chair, and office chair retailers in America that accept BitPay.
With BitPay, you can now pay for a new memory foam - TempurPedic or Sealy or other popular products like X-Chair and massage chairs - using your wallet balance.
Why have we introduced BitPay in our mattress store?
Ryan Vinson, CEO, said, "We've seen an increasing number of shoppers drop into our local mattress stores, particularly in California, asking, 'Can I buy a mattress with Bitcoin?' We've responded by integrating, adapting to better serve our guests' needs -and we're pleased to be among the first in our industry."
What is BitPay?
BitPay is a fast, secure and convenient method of payment, widely used in many online marketplaces and some brick-and-mortar stores. It’s suitable for customers who want to pay with Bitcoin (BTC) or other types of cryptocurrencies.
You can shop online at our mattress store site, buy crypto instantly at fantastic rates and convert your crypto balance into dollars and spend with your BitPay Card.
Benefits of Using BitPay for Mattress Purchase
There are many benefits of using BitPay for in-store or online mattress purchases. For starters, your BitPay wallet can hold over a dozen types of cryptocurrencies, not just Bitcoin. You can shop and pay for your mattress purchase or any sleeping products with a BitPay Card at any Sleep First store. If you generate a BitPay invoice, you can always pay for it at a locked-in exchange rate. No more currency fluctuations in-between mattress shopping and payments. You pay a fixed price.
Shopping for mattresses and toppers is always fun, and you can make yours even better with a fast and convenient payment option. The best part is you don't have to carry money around. Simply pay with BitPay. The checkout is smooth, guaranteeing you a hassle-free shopping experience.
Additionally, BitPay’s security is top-notch. Perhaps better than PayPal. You don’t have to worry about mispayments or delayed orders or refunds. The Payment Protocol in BitPay adds a layer of security to your transactions and stops you from sending your crypto or cash balance to imposters or cybercriminals.
How to Make Payments with BitPay
Paying for a new mattress with BitPay at Sleep First is a simple three-step process that goes like this:
Choose the wallet/exchange and BitPay as your mode of payment. Fill in the payment details in your wallet. BitPay invoice offers various options to retrieve payment details. If using a crypto wallet on your smartphone or a desktop, or cryptocurrency exchange.
Scan the QR code then click tap on the "pay in wallet'' button, if the wallet is stored on the same device you're using to view the BitPay invoice. Click or tap on the copy icon to view the cryptocurrency address and amount to which you need to send the funds.
Validate the transaction in the Crypto wallet. The amount will appear on the invoice and you can authorize the payment to complete the transaction.
Is BitPay only for Bitcoin?
No, it supports several other cryptocurrencies. Your wallet can hold Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Wrapped Bitcoin (WBTC), Litecoin (LTC), Dogecoin (DOGE), Shiba Inu (SHIB), and 5 USD-pegged stablecoins (GUSD, USDC, USDP, DAI, and BUSD.
Can I buy memory foam or other mattresses with cryptocurrency?
Yes, you can now buy your favorite mattress online or at any Sleep First mattress store near you.
What can you do with BitPay?
You can use BitPay to store cryptocurrencies, pay for purchases on our website or services elsewhere, and do crypto-to-cash conversions.
What is the daily spending limit?
You can spend a maximum of $10,000 per day.
How do I load my BitPay wallet?
You can instantly load your wallet with funds in three ways:
Create or import a wallet
Load the wallet with funds
Can I reverse a bitcoin transaction from my BitPay wallet?
No, any bitcoin transaction that’s been broadcast is irreversible. It’s a critical feature of the Bitcoin protocol, which helps curb fraud. If you accidentally send your bitcoin to Sleep First, a trusted BitPay Merchant, contact our support team.
Is there a fee for using BitPay?
BitPay Card is issued free. However, you will pay the BitPay Network Cost and/or the wallet miner free on the cryptocurrency you are paying with online. ATM and cash-back withdrawals in the US and abroad attract a small fee.
Why does BitPay suggest payments via Payment Protocol?
Payment Protocol ensures the crypto you’d like to send when making a payment is the correct amount. It also ensures you include the appropriate fee for the network to confirm the transaction.