The Georgia Institute of Technology is partnering with payment processor BitPay to become the first university in the world to integrate bitcoin payments into its stadium concession sales and campus card declining balance account program, the school has reported. Bitcoin POS devices will be located in the student section of Bobby Dodd Stadium.
In July, BitPay announced a breakthrough partnership with the Georgia Tech Athletic Association. The sponsorship is designed to build awareness to bitcoin by displaying BitPay’s logo along with the bitcoin symbol in Bobby Dodd Stadium and the McCamish Pavilion through the 2014-2015 school year.
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21/07/2014 · BitPay CEO Stephen Pair and Executive Chairman Tony Gallippi ’s are both Georgia Tech graduates. BitPay’s logo along with the bitcoin symbol will be on display in Bobby Dodd Stadium.
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Georgia Tech AD Mike Bobinski said about the agreement with BitPay: “We look forward to working with BitPay to make bitcoin a viable payment option for our students and fans. At Georgia Tech, we are always looking to lead in innovative ways, and this partnership with BitPay gives us an opportunity to do so by integrating this new technology at a sports venue and in the daily lives of our.
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22/07/2014 · Under the deal, the terms of which were not disclosed, Bitcoin payment processor BitPay will back Georgia Tech’s American football and basketball teams. Bitcoin and BitPay logos will be displayed on the Bobby Dodd Stadium and the McCamish.