Blockchain payment and cryptocurrency trading service provider Coinify has announced a deal that will allow European bitcoin users to fund their wallets with credit or debit cards almost instantaneously.
The developer has signed a strategic partnership agreement with Bcash Greece – a Greek company that was created in 2015 and installed the first two-way Bitcoin ATM machine in the heart of Athens, Greece.
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Bcash Director Pavlos Tsolaridis said: “Our company has been involved in a very friendly but at the same time competitive and fragile industry and we are glad that we found an ally in Coinify. As a team, Bcash Greece Inc. believes this can be the start of something revolutionary and at last Bitcoin can be embraced and used by a larger group of people. I believe that simplicity is the key to everything and Coinify just made it happen.”
The companies explain that bitcoin buyers just need to follow a simple authentication procedure during the first card purchase, which will enable nearly instantaneous top ups in the subsequent card orders. They will soon also be able to make use of another option to buy bitcoins – directly via bank transfer.
Coinify CEO and co-founder Mark Højgaard added: “Since the introduction of capital controls in Greece, the demand for bitcoin has been growing steadily, pushing this decentralised blockchain-based currency more towards the mainstream. We trust that the partnership with Bcash will help making bitcoin acquisition faster, easier and ultimately more convenient not only for the Greek, but also other european Bcash users.”