ZipZap Resumes Cash-to-Bitcoin Services for UK Shoppers
Global cash transaction network ZipZap has formally reinstated its bitcoin buying service at more than 20,000 partner retail locations in the UK. The news follows an abrupt halt of the company's digital currency services this March, when its UK-based payment processor PayPoint said it would require more regulatory clarification regarding bitcoin to support the offering. This resumed service is the result of ZipZap's new partnership with payments acceptance network Payzone. The Ireland-headquartered company has thus far indicated it does not share PayPoint's reservations about the....
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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:....
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:
An official from financial services company ZipZap this past weekend noted at the Bitcoin Expo London that commencing in early 2014, they would be adding thousands of cash-to-bitcoin locations starting in January 2014. What that means is that consumers can go to about 25,000 different general stores in the United Kingdom and 240,000 stores in Russia and exchange fiat currency for bitcoin. This, of course, is only applicable to stores that do currency exchange and lottery tickets that are already connected and using ZipZap services. It should be noted that there are other countries in which....
Transaction network ZipZap has announced that consumers across 34 European countries will soon have access to its cash-to-bitcoin services. The company says consumers will be able to use its platform to purchase digital currency, pay bills for their relatives in other countries, alongside a host of other services. ZipZap offers free sign up, free wallet and free deposit services. The expansion comes just months after the company announced plans to enter the Latin American market. CEO Alan Safahispoke to CoinDesk back in April to explain his vision for the future of innovative payment....
Bitcoiners can now pay cash for bitcoins at 28,000 shops across the UK, thanks to a new service set up by ZipZap. The service enables people to head to their nearest ZipZap payment location, hand over cash and see bitcoins deposited in their wallets almost instantly. Currently available via Bittylicious, BuyBitcoin.sg and BIPS Market, the service will go live with ANXBTC and ANXPRO next week, followed by Kraken, CoinMKT and BTCX.se. Customers simply have to log into their accounts with one of these companies and select the cash payment option, they then choose the amount of bitcoins they....