Initially Paypal teased at accepting Bitcoin into its infrastructure. This sent crowds rushing to buy more BTC all acting on a slight tease. As of today Payza a rival to the successful PayPal, has announced that it is accepting Bitcoin as a payment method.
Payza has always remained in tight competition with rivals Paypal and Skrill with the fight for market dominance growing stronger by the day. Payza took a leap of faith and have also started to accept Bitcoin as a method for funding users accounts.
This has come as extremely positive news to the coin which has always been geared to breaking into real world markets and appealing to the masses. The process of buying and selling Bitcoin directly on the payment processor.
The company has allowed users to simply deposit BTC into their Payza accounts with the USD equivalent calculated at the time of the deposit. The balance can then be used as fiat to purchase any item on the internet that uses Payza as its payment processor. This has also come as welcome news to many merchants primarily dealing in Bitcoin as they too can transfer their earnings into fiat to avoid the negative effects of volatility in the markets.
A quote from the Payza blog revealed the payment gateways intentions and also explained the details of the new service they are providing.
“Payza took another step towards full integration of the virtual currency Bitcoin on its platform today by announcing a new Bitcoin Deposit feature. The new feature gives our members another instant deposit method, as soon as you confirm your deposit the funds will be available immediately. On top of that, there are no added fees for selling your Bitcoin, your Bitcoins will be automatically exchanged to USD at a competitive exchange rate that is updated in real-time.”
Source: http://www.coinssource.com/payza-now-accepts-bitcoin-payment-method/ https://blog.payza.com/payza-updates/why-use-payza-announcements/buy-bitcoin-with-payza/ https://blog.payza.com/payza-updates/announcements/bitcoin-deposits-payza/ https://bitcointalk.org/index.php?topic=837835.msg9369045#msg9369045
I hope this is can boost up bitcoin price.
