CoverYou: The First European Insurer to Accept Bitcoin for Premium Payment
CoverYou, an insurance company offering coverage for mobile devices such as smartphones, tablets and iPads to Belgium and Dutch clients, has announced that it is accepting bitcoin for premium payment. The company will, however, only accept this form of payment from those who choose to pay the annual cumulative fee. For monthly payments, clients will continue to use the traditional online payment methods. CoverYou relies on iDeal for the bulk of the payments it receives. It is one of the most used local e-commerce payment systems in the Netherlands. It allows customers to buy and pay for....
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Deventer-based CoverYou has become the first European insurer to accept Bitcoins, making it possible for the users to pay their premiums for insurance coverages for smartphones, tablets and laptops using the digital currency. The payments will be processed directly on the company's website and owners of the aforementioned gadgets will be reimbursed for financial loss resulting from exposure to water, broken screens and theft. In a press release by the company on April 15, CoverYou.nl's Online Strategy Consultant Ewoud Uphof said, "Paying by using Bitcoins stands for innovation and with....
The company will soon accept BTC payments on insurance premiums as part of a broader embrace of digital assets. Metromile, Inc., a digital insurer headquartered in San Francisco, is making Bitcoin (BTC) a core part of its business operations, offering further evidence of growing mainstream adoption of digital assets. The company announced Thursday that it will soon give policyholders the option to pay for insurance and receive payment on eligible insurance claims in BTC or dollars. That makes Metromile the first insurance company to both accept premiums and pay insurance claims in....
Payment gateway, Coinzone has launched a fully localized Bitcoin payment solution for businesses in Europe. And its intention is simple: provide an easy-to-use platform for accepting Bitcoin payments online and at point-of-sale. The eight-man team behind Coinzone set out to provide its users with the best possible experience by creating a system to make the process of using Bitcoin highly intuitive while eliminating the geographic boundaries and complexities of payments. Today, that system is available. Also read: 400 European Banks Accept Bitcoin Purchase Agreement. Coinzone Service....
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Since February, Grayscale’s premier crypto fund Grayscale Bitcoin Trust (GBTC) has traded at a negative premium to its net asset value (NAV). GBTC, which has been the largest publicly-traded crypto fund available on the market, saw its historically high premium plummet as new competition weighed in. In the past, institutional investors had to accept GBTC’s […]