In what is thought to be a first for the cyber security community, Red Education has announced the company is accepting cryptocurrency as payment for training.
“We are accepting crypto through BitPay because they are the world’s largest provider of Bitcoin and cryptocurrency payment services,” said Mike Baird, Managing Director at Red Education.
“From our research, we have not yet found any other certification training companies that accept cryptocurrencies for training. As a progressive company, we felt we needed to explore all forms of financial services support. Our students are central to everything we do and if they want to pay with cryptocurrency, then we want to facilitate that.
As a business, we pride ourselves on reimagining the future, looking for ways to improve customer experience. We are not your traditional box-ticking company We live to provide an experiential journey that leads our industry and not just take the path already trod,” said Baird.
With BitPay, Red Education benefits by adding cryptocurrency to its payment options while reducing high fees increasing payment transparency and efficiency. BitPay pioneered blockchain payment processing to enable borderless payments using cryptocurrencies like Bitcoin (BTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Ethereum (ETH), Litecoin (LTC), Shiba Inu (SHIB), Wrapped Bitcoin (WBTC), and USD-pegged stablecoins BUSD, DAI, GUSD, USDC, and USDP. BitPay’s business solutions eliminate transaction fraud, reduce the cost of payment processing, and enable borderless payments in cryptocurrency. Using BitPay, Red Education receives settlement the next business day directly to its bank account in its local fiat currency. There is no cryptocurrency price volatility or risk to the company.
“Red Education realises the potential for crypto to transform the cyber security training industry, making payments faster, more secure, and less expensive on a global scale,” said Merrick Theobald, Vice President of Marketing at BitPay. “Our goal at BitPay is to make accepting crypto a seamless process and increase adoption as we believe crypto is the future of payments.”