Netagio to allow credit and debit cards for bitcoin purchase

A leading bitcoin trader, Netagio, has announced plans to allow its customers to complete bitcoin transactions through its marketplace using debit and credit cards as part of a strategic growth plan to improve access to the marketplace for customers.

Netagio now allows customers to trade with USD, EUR and GBP across the 114 countries in which Netagio operates. Consumers can now deposit funds with their Visa, Visa Electron, Visa Debit, MasterCard, MasterCard Debit or Maestro cards to instantly trade against real-time bitcoin exchange rates.

Traditionally, it takes 1 to 3 days to deposit funds using regular bank processes and deposits are also subject to international banking charges; however, the change by Netagio removes these obstacles to allow improved, instant trading.

Simon Hamblin, CEO of Netagio, said: “Our customers will always be our number one priority. We recently expanded our order books to USD and EUR in response to customer feedback and now also offer a choice of payment methods, with our new credit & debit card payments in addition to the traditional banking payments.

The US and Europe are the largest markets for Bitcoin trading, after China, and as such present a great opportunity for retail and institutional investors wishing to access these markets.”


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