Bitpanda Launches Quick Payment Service for Fiat Settlement
Viennese cryptocurrency exchange Bitpanda has launched Bitpanda Pay, a service designed to let users transfer funds directly from their Bitpanda accounts into EU bank accounts and to pay their bills.
Announced in an official blog post on October 16, 2019, the new service lets customers send funds from their exchange accounts to any International Bank Account Number (IBAN), the standard numbering system for bank accounts in Europe. With Bitpanda Pay, users can also settle their bills in fiat and send money to others.
Bitpanda Pay is run by Bitpanda Payments, a licensed subsidiary of Bitpanda. The exchange was granted a payment service provider license (PSD2) in April 2019.
“We want to act as the missing link to make digital assets spendable anywhere our users want,” Lukas Enzersdorfer-Konrad, one of the co-managing directors of Bitpanda Payments GmbH, said at the time. “With the license, we are a first mover in Europe to offer convenient and innovative features and services.”
To transfer funds through Bitpanda Pay, Bitpanda users are required to go through a separate verification process in addition to the steps they took to acquire a verified Bitpanda account. This includes using a smartphone to receive a Bitpanda Pay verification code.
The post Bitpanda Launches Quick Payment Service for Fiat Settlement appeared first on Bitcoin Magazine.
How to get the Bovada Bitcoin Bonus in 2021 worth up to a maximum total of $3,750
In this article we will explain how to get the Bovada Bitcoin bonus - it's…
What is the Best Bitcoin Wallet for Sports Betting?
Welcome to our aticle which will help you find the answer to the question of;…
Traders Forecast Bitcoin Will See a “Cool-down Period” as Rally Overheats
[ad_1] Bitcoin has been caught within the throes of a consolidation phase ever since its…
Digital Euro, CBDCs and Bitcoin – Bitcoin Magazine
Listen To The Episode: This episode of Bitcoin Magazine’s Fed Watch is a cosmic ride…
Analysts Expect Move to $20,000 High as Bitcoin Holds Key Supports
[ad_1] Bitcoin underwent a rapid correction last evening after the coin pressed as high as…
Bitcoin Entrepreneur Malcolm CasSelle Dies At 50 – Bitcoin Magazine
[ad_1] Malcolm CaSelle, a pioneering blockchain technology and Bitcoin entrepreneur, has died at age 50,…