It’s been a while since our last post — please accept our sincere apologies. Don’t worry, VirtaPay is alive and well and ready to push into new territories. Where we’ve been… Once we released the new Open Payments framework and the API, we wanted to let things run for a while as we watched for any problems or issues that may have arisen. We are happy to report...

“Open payments” are now live. What does this mean for you? Open payments allow you to request payment from VirtaPay buyers using a new type of pay button. How do Open Payments work? As covered in the last blog post, open payments are different from the existing system—here’s how… Create unlimited “buy now” buttons. Not listed on the...

The Financial Crisis and Global Recession As you likely know, the world is in the midst of a global recession. It started with the burst of the U.S. housing bubble in late 2007. It then quickly spread into a global financial crisis which included the collapse of several major banks, but this was just the beginning. Despite repeated attempts by politicians and central banks to reverse the...

Premium membership is now available! Becoming a Premium member gives additional benefits above and beyond what standard VirtaPay members already have. What does Premium membership include? Premium members get the following benefits: Ad Sharing. Actually, by activating Ad Sharing, your account is automatically upgraded to Premium membership. Note: If you have already activated Ad...

Recap for new VirtaPay users: In part 1 of this blog post series, we covered some of the events of the global economic crisis. In part 2, we explained who gets hurt most by the crisis. In part 3, we detailed the growing energy crisis, its root causes and where it appears to be headed. In part 4 of our Global Crisis blog post series, we are going to look at the coming food...

Note: This is a fairly long blog post. You may want to take a minute to grab a refreshing drink, then sit back, relax and enjoy part 2 of our blog post series on the Global Crisis. Recap: In our last blog post we covered some of the events of the global economic crisis. We mentioned how these events were just the tip of the iceberg, and that the root problems are seated much, much...

Active User Target is Now Set In the first phase of the master plan we are working to increase the number of active users on the VirtaPay website. Unfortunately, the VirtaPay user count can be inflated and distorted by people who create multiple fake accounts. Therefore, we will only count Premium members toward our active user target. For VirtaPay to become a worldwide, universal...

We have several things to share in this blog post, including a summary of where things stand, how you—as an EarlyBird user—can help, and what’s coming. Where Things Stand It’s been about a week since we launched Stage 1 of the Digital Delivery (DD) project. In that time thousands of users have been testing the features. This testing is helping us to prepare a list of...

The new API is now ready for testing. As we have mentioned in previous blog posts, we expect the API to open the door to new web services that will integrate VirtaPay payments. Who is the API for? How do I use it? To get a better understanding of the API, who it’s for and how to use it, visit the API Details page. To create your own API key, visit the API Access page....

Earning With AdsAs mentioned in the last blog post, we are working on a new feature that will allow you to begin earning with ads—our Ad Sharing program. The ads are already visible on the website. Our developers are currently working on completing the programming necessary to bring this feature to life. Affiliate Program LaunchAlong with the Ad Sharing program, we expect to launch...

There is a matter we would like to clear up before we go any further with our current plans. It’s concerning the past and future of the VirtaPay API. API History up to Today Several months ago, before creating the master plan, we were developing the VirtaPay API. As part of the API system, we had hoped to allow VirtaPay Premium members to earn commissions from the API. After...

What is "currency"? Currency is simply a medium of exchange. It allows people to store value in a symbolic way without having to carry around bulky or awkward items of actual value.For example, many cultures throughout history have valued gold, silver, jewels, etc. But, today most of us don't carry these items around to make payments. Why not? Gold and silver are heavy. Jewels usually cannot be...