OKPAY Makes U-Turn on GBP to Bitcoin Transfers
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....
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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....
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....
It would appear as if financial services company OKPay is imposing restrictions on users who may wish to buy bitcoin using GBP transfers. A screenshot account fund page was submitted to social sharing website Reddit Thursday showing a checkbox with the text "I hereby confirm that will not use the funds for purchasing or exchanging crypto-currencies. According to a poster on the above-linked page, OKPay appears to be using Mayzus Financial Services as their bank - the same bank in use by exchange BTC-e. BTC-e has reportedly been having bank issues, and some have been left wondering if that....
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 processing temporarily suspended." While no longer listing bitcoin as a payment option for individual users, a statement from the bitcoin exchange service Mt. Gox indicated that OKPAY may be allowing some of its larger customers (including Mt. Gox)....