OKPAY Takes Bitcoin Hiatus
One year and two months after heralding "the ultimate integration of bitcoin" into their system, the ecommerce company OKPAY has announced that it is suspending its "complete Bitcoin integration." In a statement on okpay.com Monday, OKPAY told its users. "Dear customers, we are currently suspending bitcoin processing" with the headline "Bitcoin....
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Payment processing firm OKPay has defended its recent transfer of withheld deposits totalling almost $6.1m to Mt Gox, saying a court order compelled it to make the payments. The $6,014,910 amount consisted of deposits from individual OKPay customers around the world to Mt Gox in the period immediately preceding the exchange's collapse. Until mid-August, the funds had existed in limbo in a Mt Gox-owned account and OKPay had intended to return everything to customers. OKPay CEO Konstantin Romanovsky told CoinDesk that was no longer possible after a court decision in the British Virgin....
Web payments service OKPAY has announced that it will allow users to move pound sterling (GBP) into OKPAY web-based wallet accounts and then transfer these funds to cryptocurrency exchanges. Rumours of the policy change by the merchant and consumer payment provider first surfaced on reddit and Bitcoin Talk after customers received emails. The announcement was later confirmed on 21st January via OKPAY's official Twitter account: Fund OKPAY account by a GBP wire and then transfer funds to the crypto-currency exchangers: https://t.co/D7qEyDf0Jt. - OKPAY.com (@okpaycom) January 21, 2014. The....
OKPay - the payment-processing company - has told customers it will stop processing bitcoin transactions. Providing customers with no more than a one-lined statement that reads: "Dear customers, we are currently suspending bitcoin processing," OKPay has left its partners and customers confused about what lies behind the decision. Mt. Gox - the largest bitcoin exchange, based in Tokyo - released a statement to say it is stopping transactions accordingly but is unsure what is happening behind the scenes. The statement said: "Mt. Gox has recently been informed by OKPay, one of our longtime....
Today, In Bitcoin We Trust, IBWT, announced that they have teamed up with OKPAY to allow customers to use wire transfers to deposit funds in either in either GBP, USD, EURO, or their latest addition, CAD. Individuals already set up with OKPAY will now be able to deposit to IBWT. In Bitcoin We Trust issued the following press release: IBWT INTRODUCES BANK WIRE TRANSFERS, USD, CAD, EURO, GBP. IBWT has teamed up withOKPAY to allow customers to deposit funds in either GBP, USD, EURO, or their latest addition, CAD. Over time they plan to integrate further denominations for international....
Users of OKPAY have received an email notice of some changes when it comes to the pound sterling (GBP). The company sent users the following email - noting that transfers to OKPAY accounts with GBP are now permitted: Dear X, We are pleased to announce that it is now possible to fund OKPAY account by a bank transfer in GBP currency and then transfer funds to the crypto-currency exchangers. Please find and use the updated banking account details for the GBP currency at the Add Money » Wire transfers page. New bank does not have any restrictions regarding the further usage of funds on a....