• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Bet & win BTC
Breaking News: Ecommerce Giant Amazon To Launch NFT Initiative
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Bet & win BTC
Bitcoinist.com
No Result
View All Result
Breaking News: Ecommerce Giant Amazon To Launch NFT Initiative
How to Save on Bank Transfers: Cryptopay Bitcoin Wallet Paves Its Shortcut to the AppStore
Advertisement

How to Save on Bank Transfers: Cryptopay Bitcoin Wallet Paves Its Shortcut to the AppStore

Bitcoinist by Bitcoinist
6 years ago
in Press releases
0
Advertisement

Cryptopay Ltd. (London, England), today we’re finally launching the Cryptopay app for iOS that aims to make top-notch financial technologies affordable and convenient for everyone.

[Note: This is a press release.]

Get 30 FREE SPINS at Punt Casino - NO DEPOSIT REQUIRED! Start Playing Now.

Our new app allows iPhone owners to receive, store, send and make purchases with bitcoins in a tap of a finger.

How much do I waste on banks

Cryptopay leverages Bitcoin, a cryptocurrency based on the Blockchain technology.

We don’t like to wait. We don’t like to pay more than it takes.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day, only at Wild.io. Play Now!

The traditional banking system is in total control of fiat currencies. The main flaw of such control is the lack of transparency, and I have a little story to illustrate the point. Once I had to make a transfer to my friend in the USA. I went to the local Barclays branch old school style, to show them my ID to prove identity and pay the international transaction fee.

CryptoPay chart

Barclay’s (left in the image above) charges a £20 fee if I’d like to make sure that payment has arrived. Halifax charges its own fee and warns that receiver bank in non-EEA country may also charge some amount of money. It’s difficult to even say how much.

I have compared the offer with Halifax, just to make sure everyone charges the same amount in average.

If I need to send a £1000 through the Barclay’s to a non-EEA country, the total will be £1040 + receiver fee, not mentioning £20 they charge for tracking the payment. There’s also a good chance to pay the additional £7 fee in case of Barclay’s for the mistake in paperwork. A trans-Atlantic transaction took almost a week and required the receiver to visit the bank branch to prove his identity.

The same payment in BTC would result in 0% fee and would be delivered in an hour or three. That’s how we see the general idea of Cryptopay — free you from the centralized banking system and its unfair demands.

Eric Benz

Three Steps to Break Free From Banking Fees

Already described as simple and intuitive by early testers, we’ve made a step forward on user interface idea. New Cryptopay iOS app provides environment to receive, store, send and make purchases with bitcoins.

Free Bitcoin wallet with some magic in it

The account you get on sign-up is already divided by BTC, EUR, USD and GBP, so you have the ability to hedge your savings from the inflation and volatility.

Cryptopay users transfer bitcoins to any possible location throughout the world, while their friends and relatives receive them commission-free. International transactions take a few minutes instead of hours for banks:

  1. Scan the QR-code or specify a wallet address manually
  2. Specify the sum
  3. Confirm the payment, no identity checks required on both sides

The new app provides users with an opportunity to buy bitcoins on-site: just deposit some money and transfer to BTC account, bitcoins will appear on your account in a few seconds after the exchange.

Virtual & plastic debit cards

Bitcoin plastic & virtual cards are an ultimate method to pay with BTC in-store and online or withdraw cash at ATMs everywhere MasterCards are accepted. Buy a couple of beers, a chainsaw for a zombie apocalypse or a new laptop — Cryptopay would assist in all your aspirations.

Use virtual cards for recurring payments such as Adobe subscriptions, Uber rides or residential utility bills.

Cryptopay Infographic

About Cryptopay

Founded in October of 2013, Cryptopay is a wallet and debit card service in the UK, backed by the bitcoin payment protocol.

Download Cryptopay App on the AppStore

Leave your feedback in the Live Chat or email to [email protected].


Images courtesy of Cryptopay, AdobeStock

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Bitcoinist

Bitcoinist

Bitcoinist is the ultimate news and review site for the crypto currency community!

Related Posts

Binance Coin (BNB) Trading Volume Pumps By $7 Million While Orbeon Protocol (ORBN) Hits New ATH

Binance Coin (BNB) Trading Volume Pumps By $7 Million While Orbeon Protocol (ORBN) Hits New ATH

2 hours ago
Polkadot (DOT) sees 5% Growth, why Cardano (ADA) and Snowfall Protocol (SNW) holders are pouring in capital in 2023

Polkadot (DOT) sees 5% Growth, why Cardano (ADA) and Snowfall Protocol (SNW) holders are pouring in capital in 2023

3 hours ago
More than a trillion dollars moved in Litecoin (LTC) network, XRP Ledger Amendment Goes Live Without Ripple’s Approval, Snowfall Protocol (SNW) to go live in February

More than a trillion dollars moved in Litecoin (LTC) network, XRP Ledger Amendment Goes Live Without Ripple’s Approval, Snowfall Protocol (SNW) to go live in February

3 hours ago
Moralis has revealed the integration of Web3 API with Aptos (APT), Solflare Wallet introduces ‘Priority’ Gas Fees For Solana (SOL) Transactions, Meanwhile Snowfall Protocol (SNW) is ready for A big launch

Moralis has revealed the integration of Web3 API with Aptos (APT), Solflare Wallet introduces ‘Priority’ Gas Fees For Solana (SOL) Transactions, Meanwhile Snowfall Protocol (SNW) is ready for A big launch

4 hours ago
Is Aptos (APT), Solana (SOL), or Snowfall Protocol (SNW) the best to invest in now?

Is Aptos (APT), Solana (SOL), or Snowfall Protocol (SNW) the best to invest in now?

1 day ago
Hector Network launches its NFT marketplace on Fantom (FTM), Solana (SOL) price enters correction territory after 80% gains, Snowfall Protocol (SNW) price growth becomes the highest so far in 2023

Hector Network launches its NFT marketplace on Fantom (FTM), Solana (SOL) price enters correction territory after 80% gains, Snowfall Protocol (SNW) price growth becomes the highest so far in 2023

1 day ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Top Casinos

BitStarz
BitStarz
Punt Casino
Punt Casino
mBit
mBit
Metaspins
Metaspins
1xBit
1xBit
Coinplay
Coinplay
K8
K8
Vegas Casino
Vegas Casino

Sportbooks

Coinplay
Coinplay

Press Releases

  • Binance Coin (BNB) Trading Volume Pumps By $7 Million While...

    2 hours ago
  • Polkadot (DOT) sees 5% Growth, why Cardano (ADA) and...

    3 hours ago
  • More than a trillion dollars moved in Litecoin (LTC)...

    3 hours ago
  • Moralis has revealed the integration of Web3 API with Aptos...

    4 hours ago
  • Is Aptos (APT), Solana (SOL), or Snowfall Protocol (SNW)...

    1 day ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Bet & win BTC

© 2022 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.