Online payment platform Payza has introduced the ability for users to withdraw eWallet funds directly into their Bitcoin wallet.
Payza has more than 10 million customers in more than 190 markets worldwide. The new service will see the Bitcoin payments based on the exchange rate of both US currency and Bitcoin value at the time of transfer.
Even though a Bitcoin withdrawal takes 1-3 business days to process, Payza consumer exchange rates will be locked in at the moment of the transaction.
Firoz Patel, Payza’s EVP of Strategic Partnerships and Corporate Affairs commented:
“As Bitcoin continues to evolve and mature, it’s becoming more and more difficult to deny its potential, especially in the developing countries where our current consumers have limited access to a banking infrastructure. Withdrawal by Bitcoin is just the first step we are taking in cryptocurrency and only one part of an ongoing campaign we are initiating this week.”
It seems laptops are about to catch the biometric fever as PayPal, Intel, Lenovo and Synaptics are collaborating to introduce FIDO-enabled embedded fingerprint solution to PCs.
Mastercard is working with Stripe to expedite the payment process for American sellers on the latter's marketplaces using the instant payouts feature from Stripe.
Lloyds has launched biometric finger print authentication for mobile banking.
Barclaycard has partnered with Case Station, a company that makes personalised phone cases, to embed contactless technology in the latter's smartphone cases.