Bitcoin processor BitPay this week announced it is offering merchants free, basic payment processing, the company wrote in its blog.

"Our free processing allows merchants to use any plugin, API or app from BitPay's library and grants them access to BitPay's industry-leading support," the company wrote on its blog. "With quick response times and personal service, BitPay's client operations team is second to none. With premium plans, Business and Enterprise customers have additional access to our dedicated engineering and support services."

Merchants previously subscribed to BitPay's Starter and Professional plans will be automatically migrated to its free plan, and any subscription fees incurred to this point will be credited to the merchant on a pro-rated basis, according to the blog.