Payza added new feature for Bitcoin holders

Popular online payment platform launched new Bitcoin-related conversion option
19 August 2017   1724

Payza, an online payment platform, launched new Bitcoin service. Now Bitcoin conversion to fiat money will be automated.

At the moment, new function is available only for bitcoins, which are already on the user's account. If the client keeps the bitcoins on a third-party purse, he will have to transfer them to his Payza account first, then transfer it to the card.

To transfer bitcoins to the Payza card, users must initiate a withdrawal operation on their account by selecting the card as a withdrawal method. When choosing a currency balance for withdrawals, user need to select bitcoin. Crypto currency will be automatically converted into dollars and credited to the card.

The company also updated its mobile application, in which a new feature of automatic bitcoin conversion was added to the old functions.

MEW to Launch KYC-less Crypto Withdrawal

Service is available in Euro and Francs to all bank account holders with an international bank account number (IBAN)
21 February 2019   77

MyEtherWallet, a popular cryptocurrency wallet, in collaboration with the Swiss company Bity, introduced the Fiat service, which allows you to exchange digital assets for euros and Swiss francs without verification.

It is noted that the service is available to all bank account holders with an international bank account number (IBAN).

Bity is able to offer this kind of KYC-less Exit-to-Fiat gateway because it is compliant with the Swiss Anti Money Laundering Ordinance (AMLA). This, along with technology that helps verify proof of wallet-ownership, allows Bity to realize the friendliest kind of user experience — frictionless, secure AND regulatory compliant.
 

MyEtherWallet Team

To use Exit-to-Fiat, the user must specify Bity as the service provider in the asset exchange section. You will also need to provide a phone number, bank account details and a billing address.

This information is transmitted to Bity to comply with legal requirements and is not stored by MyEtherWallet.

The maximum transaction size is limited to 5,000 francs (about $ 5,000).