ZipZap CEO: Argentina's Volatility Makes Bitcoin Look Stable
CoinDesk spoke to Alan Safahi, CEO of cash-to-bitcoins service ZipZap, about its big entry into the Latin American market, bitcoin as a 'leapfrog technology' in the world's more volatile economies, and whether the company's recent issues with payment processor PayPoint would have any impact in future. Alan Safahi has just come back from San Francisco's CoinSummit where he says he spent far too much time fending off questions about whether his company would continue operations, after recent media articles. "Rumors of our death were exaggerated," he laughs, paraphrasing Mark Twain. "I was....
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Firstly, what’s ZipZap? ZipZap is a payment network through which people can buy bitcoins with cash and some other payment methods. Personally, any way to spread bitcoin to more people is great in every way, and more so when you give them easier ways to access bitcoin. From the website, it says that the team behind ZipZap expects digital currency to reduce poverty, create jobs, improve healthcare, and a couple more. I was able to arrange an interview with Alan Safahi, CEO at ZipZap, in which he answered a few short questions:
ZipZap first started out as a network for consumers to make payments with convenience. Now ZipZap has announced that they have raised a $1,000,000, with the main focus of strengthening their network for digital currencies. If you would like to know more about this, Marco did a quick write up of the topic, read it here. ZipZap was born from an idea to provide a cash payment option for consumers that wished to make internet purchases and did not have a bank relationship. This idea, in time, morphed into a global service and expanded to other forms of payment. ZipZap is a global payment....
Global transaction network ZipZap is going big. The company, which allows customers to buy bitcoin through scores of retail locations in places like the United Kingdom, has announced a major expansion. The company said on Wednesday that their service is now available in a whopping 34 countries throughout Europe, allowing consumers to use their local fiat to purchase bitcoin and a slew of other digital currencies. As a step to getting here, ZipZap said they have formed strategic partnerships across the European Union, which will surely benefit enthusiasts of digital currency. "ZipZap has a....
Some better news for residents in the United Kingdom who might be looking to buy bitcoin. ZipZap announced on Tuesday that they're bringing their global cash transaction network back to 20,000 retail locations in the UK. The announcement come following a news item at the end of March in which we learned that the company would be halting the processing of digital currency transactions. The halt directly related to ZipZap's payment processor, PayPoint, and its desire to put the processing on hold until the legalities surrounding there digital currency transactions became clearer. Now, ZipZap....
UK residents will soon be able to walk into one of 28,000 shops across the nation and pay for bitcoins in cash, thanks to a new deal forged by ZipZap. The global cash payment network has partnered with a well-known but as-yet-un-named company in the UK. ZipZap plans to offer this service in partnership with its network of bitcoin exchanges worldwide. This means that, from January, people will be able to buy bitcoins from a number of reputable exchanges through a single source, and pay in their neighbourhood with physical cash. ZipZap is currently available at 700,000 locations worldwide:....