Payza users can now send and receive Bitcoin to and from other Payza users. The cost to acquire Bitcoin is simply 1.2% per exchange, which is less than Payza's standard fee of 2.9% + $ 0.30.
Merchants who use Payza to handle fees online will also have the option to have Bitcoin as fees for their items. Consequently, all fees charged by Bitcoin were converted into paper money. With this statement, service providers will have the option to keep these shares of Bitcoin in their e-wallets until they decide to change the actual finances. Senders will also have the option to directly determine their costs in Bitcoin without specifying that cost with regular money like US dollars. In any case, it would be possible to get acquainted with the bitcoin fees that are naturally converted into paper money. You can conversion of bitcoin to Payza & to other currencies as well.
"We were among the early stages of online payments and e-wallet providers to accept Bitcoin in 2014," says Firoz Patel, Payza's Senior Vice President Worldwide. “However, we realized the important work Bitcoin was to do in e-commerce. The specific goal was to provide our employees with a protected option to store their Bitcoins in their Payza accounts. So we identified a lot of continuous steps towards achieving this goal. Today, we fulfill our guarantee to our people and are ready to deal with Bitcoin as with any other money we manage. This means that every part of Payza can now hold Bitcoin in their e-wallets and send and receive Bitcoin through our organization. In fact, it is as if it were in US dollars or Euros. Or the pound sterling. "
Payza began offering Bitcoin oversight to account holders in 2014 with the introduction of Bitcoin Withdrawals, which is probably the least demanding approach to buying Bitcoin on the web. Within a quarter of a year, Payza at the time announced Bitcoin deposits, a similar primary method of selling Bitcoin. In May 2015, Payza shipped a Bitcoin installment payment alternative, which allowed service providers to recognize Bitcoin as paying installments for their items or departments. Bitcoin fees were quickly changed and made comfortable with the US dollar to help steer away from the risk of bitcoin's unpredictability.