BitPay, one of the largest and well-used global blockchain payments firm has announced the appointment of Rolf Haag to the position of Head of Business Solutions, resulting in the believe that there is more opportunities for the platform and cryptocurrency at large.
While Haag is going to handle the management of BitPay’s Business-to-Business (B2B) and Mass Payments businesses, the formal Paypal executive has around 20 years of experience in financial technology corridor.
Stephen Pair, CEO and co-founder of BitPay who spoke on the latest hiring said, “BitPay’s B2B payments solution is our fastest growing product and just had its highest sales month ever in October.”
“Rolf’s background is an asset to BitPay and will help us accelerate the success of our B2B and Mass Payments businesses globally.”
Being an ex-Director of Global Mass Payments at Western Union, Haag built a global mass payments business and underlying product that are today seen as the best.
Among his achievement includes defining the global B2B and Business-to-Consumer (B2C) mass payments vision, product and important market ideas and strategies.
Before joining Western Union, Mr. Haag had worked with PayPal in several product management capacity where he most recently owned PayPal Mass Payment global disbursements engine.
He co-managed the movement of PayPal Mass Payments growth to reach 20-40% annually into a multi-billion dollar payment volume product.
Mr. Haag feels elated joining BitPay. He said: “I see striking similarities in early PayPal adoption and BitPay adoption especially among businesses paying their global suppliers. Bitcoin is ground breaking for global B2B and Mass Payments, because it’s cheaper, quicker and more transparent than bank wires or PayPal. BitPay compliantly delivers these benefits while eliminating Bitcoin price risk. I’m beyond excited to bring these benefits to businesses around world”.
Yang is a recipients of numerous award among them are President’s Choice Award at Western Union.
Opportunities In The Hiring For Cryptocurrency.
With Haang, more business will see cryptocurrency as a good means of payment owing to his credibility. Another thing that Haang will bring in more ideas, especially the ones used by the likes of PayPal and Western Union. While BitPay is being adopted as a payment platform globally, the cryptocurrency world will benefit more.