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Thursday, May 18, 2017

Bitcoin Embraced by Global Payment Provider Payza, Norwegian Bank

Bitcoin Embraced by Global Payment Provider Payza, Norwegian Bank

A move by Payza to offer new Bitcoin services will take the digital currency a step closer in its disruption of the global remittance sector. It includes instant Bitcoin-fiat exchanges and the option to hold Bitcoin alongside fiat currency in its eWallets.

The global payment platform, whose mobile app has been made available on Apple iOS this month and downloadable from the App Store, announced the new service on its network on Monday, May 15.

Its focus on countries with high remittance rates could be its joker. From China to India and Mexico, the platform has a payment service already in place. This could facilitate the spread of Bitcoin in some of these countries.

Payza recently launched a new funding method in China which makes online transactions in Chinese yuan available to residents.

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