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Bonpay Makes Adoption of Digital Payments Much Simpler

Bitcoin Press Release: Bonpay, the full-fledged cryptocurrency services company is on a mission to make financing swift, flexible and smooth.

September 21, 2017, London, UK – The cryptocurrency payment solutions company, Bonpay is in the process of making it easier for people to spend cryptocurrencies. The proverb, “spending is easier than earning” may hold good in case of fiat, but it isn’t the same when it comes to spending cryptocurrencies.

The cryptocurrency market has seen a lot of development in the recent days. However, the community is still faced with challenges when it comes to withdrawing and spending the crypto-assets. Even though a bright future is predicted for the likes of Bitcoin and Ethereum, no universal payment solution is supporting these digital currencies at the moment. Bonpay aims to change it, one step at a time.

The growing interest in cryptocurrencies has led to to the appearance of different fund withdrawal methods which included bank transfer, exchange to other e-currencies, or direct Bitcoin payment for goods and services. However, these methods have their own issues as the bank transfer and exchange to other e-currencies come with exorbitant fees and sluggish speeds while there aren’t many merchants who accept direct cryptocurrency payments either online or offline. But as with any other problem, even this one has a solution.

A market analysis indicates two widely used payment options, cash and credit cards. These two payment methods have achieved maximum market penetration. They can be used to pay for almost everything in places ranging from large supermarkets to small shops and even online portals. In cases where the cards are not accepted, people can always pay by cash withdrawn using the card from a nearby ATM.

The increasing adoption of Bitcoin and other altcoins followed by widespread usage of credit and debit cards has led to the creation of cards for Bitcoin withdrawals. The concept was initially implemented by Trailblazers, which came with high fees and poor support that left many people disappointed.

The Bonpay Cryptocurrency Card Solution

Bonpay Card is an ideal option to withdraw funds for cryptocurrency traders, miners, Internet marketers, webmasters, and freelancers. It can be used easily and quickly regardless of geographical and banking boundaries. In addition to these benefits, the Bonpay card also enables entrepreneurs to make payouts to their staff without bearing excess transaction fees, saving both time and money in the process.

Some of the current opportunities offered by Bonpay includes:

– Availability on any device with fully-functioning web-version

– Versatile replenishment options, including Bitcoin, Paypal, and international/local bank transfers

– Option to buy Bitcoin with Bonpay Card and with Paypal

– Possibility to store funds both in the wallet and on card

– Opportunity to order plastic/virtual cards in EUR/USD with additional currencies available in future.

Plastic card will allow ATM withdrawals across the world while the virtual ones reduce the risks associated with online transactions.

Laying Cards on the Table

In the past, multiple players have announced that they will be introducing Bitcoin cards with 0% fees. But to make good of their claims, they are yet to launch these products. Unlike them, Bonpay is laying cards on the table. The Bitcoin Card solution offered by the company is already live and has a defined fee structure in place. Bonpay has a zero-fee structure in place for money transfer within the system, along with a maximum of 1-2% Bitcoin conversion rate and ATM withdrawal limits set up to USD/EUR 60,000 at FX rate tending to 1.9% instead of usual 3% charged by similar services.

The Bonpay team is confident that a larger interested community will be a key factor in the success of its project. Being advanced users of cryptocurrencies, Bonpay team members have concentrated their skills into the product which was launched on the 1st of September. The first 500 subscribers already have an opportunity to order free card, which may warm up a direct interest among users. Subscribers stand to receive a Free Bonpay Card and enjoy all its advantages listed on the website.

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Media Contact
Contact Name: David Bel
Contact Email:
Location: London, UK

Bonpay is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

The post Bonpay Makes Adoption of Digital Payments Much Simpler appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
Bonpay Makes Adoption of Digital Payments Much Simpler

Cryptobuyer Emerges as a Leader in Latin America with an Aggressive Expansion Plan

Bitcoin Press Release: Cryptobuyer installed the first Bitcoin ATMs in a commercial bank as it announced plans for expansion, ICO, and the new Blockchain Academy Latam.

June 22, 2017, Panama City, Panama – Cryptobuyer, a leading cryptocurrency and digital assets company in the Latin America has gained the distinction of being the first company ever to install Bitcoin ATMs (BTMs) in a commercial bank after two of its BTMs found a place in the premises of Banistmo Bank’s headquarters. The installation of BTMs followed the recently concluded Panamanian Association of Fintech event. Cryptobuyer was one of the participants at the second edition of the event which was hosted by the second largest bank in Panama, Banistmo. The event witnessed widespread participation from the members of banking and finance community and the general public.

The CEO, Jorge Luis Farias was part of a panel of experts discussing the scope and applications of blockchain technology at the event. The panel discussion garnered the attention of over 300 participants from various industry sectors. The participation of Cryptobuyer in the Panamanian Association of Fintech event coincided with a recent report on Bloomberg covering the company and its use of blockchain technology to solve real world problems in the lives of people in emerging countries like Venezuela – a nation that is currently affected by hyperinflation and capital controls.

Farias, along with the CEO of Tigo CTM Cindy Zimmerman and the founder of Guldcoin Ira Miller, both technology partners of Cryptobuyer showcased the two BTMs installed within the bank. These state-of-the-art machines supporting both Bitcoin and DASH were well received as many people in attendance lined up to test the equipment. The company plans to install more than 20 of these Bitcoin ATMs across Panama and rest of South America as the first phase of its effort to create a cryptocurrency ATM network in the region.

The Global Business Developer at DASH, Daniel Diaz also took part in the panel and spoke about the advantages of DASH as one of the most promising cryptocurrencies. Cryptobuyer, recognizing the cryptocurrency’s potential announced support for DASH during the same event. Other prominent members in attendance at the event included Yari Romero, the CIO of – a venture capital, startup, and blockchain consulting firm, Alejandro de la Torre from, Felipe Echandi Founder of Quanto mobile digital payments application and PanaFintech, Alejandro Palomar of Blockchain 360 Solutions and KPMG’s Glenn Tjon.’s Alejandro de la Torre, who came all the way from Amsterdam demonstrated the use of Bitcoin wallet and gave away over 100 gift codes, to be redeemed on wallet for Bitcoin. Similarly, Palomar enlightened the audience about Blockchain technology while Tjon touched upon the impact of distributed ledger technology on global organizations.

After the panel discussion, Cryptobuyer announced its entry into the Ciudad del Saber (City of Knowledge) technology and innovation campus to set up base alongside 180 world-class companies and organizations including the likes of the United Nations, Copa Airlines, IESA and Hewlett-Packard. Cryptobuyer while setting up its headquarters in the technology hub will also develop Blockchain Academy Latam to impart cryptocurrency related education, training, and certifications to individuals, companies and organizations from Latin America and rest of the world.

And finally, the big news. The company also announced its plans for an ICO in the coming weeks as the company looks forward to expanding its business model and operations with a soon-to-be-launched product. More details about the ICO and the new product launch will be announced soon.

About Cryptobuyer

Cryptobuyer is a leading digital assets company working on providing simple, fast and robust solutions involving cryptocurrencies. The company offers solutions that connect virtual currencies to day-to-day, real-world interactions. The company also provides cryptocurrency and blockchain consultancy services to individuals, groups, businesses and organizations. Cryptobuyer is a partner of the Bitcoin Foundation of Venezuela and the Panamanian Fintech Association.

Learn more about Cryptobuyer at –
Follow Cryptobuyer blog at –
Know more about Blockchain Academy Latam at –
Bloomberg’s coverage of Cryptobuyer and Venezuelan crisis –
Watch about Cryptobuyer at –

Media Contact

Contact Name: Jorge Farias
Contact Email:
Location: Panama City, Panama

Cryptobuyer is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.


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The post Cryptobuyer Emerges as a Leader in Latin America with an Aggressive Expansion Plan appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
Cryptobuyer Emerges as a Leader in Latin America with an Aggressive Expansion Plan