Payza, an online money management & payment platform, has begun integrating Bitcoin into its platform.
The company is allowing users to withdraw the funds in their Payza account in Bitcoin.
A post on the company’s blog called this
our first step into the exciting space of cryptocurrency, currency that exists solely in the digital world. At Payza, we’re very interested in Bitcoin and cryptocurrency, and we have big plans to expand the way Bitcoin can be used on our platform.
The Process
The step-by-step process is simple for Payza users. They simply withdraw funds as they normally would, except that they choose the Bitcoin option.
Users will need a Bitcoin wallet program, as it doesn’t seem like Payza will have a built-in function for users to store their bitcoins.
What This Does For Bitcoiners
Payza is a simple service to sign up for. There are few barriers, and they collect only a small amount of personal data compared to the big Bitcoin exchanges.
This creates a new, simple option for people who want to acquire bitcoins, but are turned off by the daunting signup process most exchanges are forced to use.
While Bitcoin ATMs remain the simplest and most accessible option for acquiring bitcoins, Payza’s new service could provide a valuable alternative for users who live in cities where ATMs haven’t yet taken hold.
Online Payment Platform Payza Integrates Bitcoin Withdrawals
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