Bitcoin Friendly Payza and Obopay Facing Federal Criminal Investigation

Bitcoin Friendly Payza and Obopay Facing Federal Criminal Investigation

Payza was an early mover among "legitimate" money transfer services with regard to integrating Bitcoin payments, and as CCN reported about a year ago, one of the first to allow it both ways. You could deposit Bitcoin for sending payments and then receive payments in Bitcoin as well. The service appears to still be operational, but there's trouble in the waters for the London-based company. The DC US Attorney's office updated its site on the 21st of October with a notice stating that the company is now facing a criminal investigation. The notice didn't get too deep into the details of the....


Related News

Payza Now Allows Merchants to Accept Bitcoin Payments

Payza, is one of the leading online payment processors. Today, Payza announced that merchants using Payza to process payments can now accept Bitcoin payments. Payza started offering Bitcoin services in August 2014 when they introduced an option for Payza members to buy Bitcoin directly within their accounts; later that year, in October, the company released a new Bitcoin deposits option, which allowed members to sell Bitcoin to Payza. Now the company extended the Bitcoin option to Merchants. Payza informed that the new feature has been automatically enabled on all existing Payza Payment....

Payza Helps Bring Bitcoin to Developing Nations

Payza is continuing its push towards empowering underbanked areas and integrating Bitcoin into the service. Founded in 2012, London-based Payza is a relatively new online payments platform that competes with services like PayPal. Payza's personal accounts let users transfer money internationally and purchase various goods online. Business accounts are used by merchants to process payments, issue invoices, and manage other aspects of running a company. However, unlike some of its competitors like PayPal, Payza has been very positive about Bitcoin and cryptocurrencies in general. Back in May....

Payza Introduces Bitcoin Buying Option in 190 Countries

Global online payment processor Payza has announced it is now offering customers in 190 countries the ability to buy bitcoin via bank transfer. Payza took to its official blog to reveal the news, though this formal announcement followed preliminary tweets from both Payza business development consultant Charlie Shrem and the London and Montreal-based company itself. In its formal remarks, Payza hinted that the bitcoin buying option will allow it to pursue larger goals in the bitcoin and digital currency space, stating: "This is our first step into the exciting space of cryptocurrency,....

Payza Confirms Active Exploration of Bitcoin Integration

Payment services company Payza on Wednesday confirmed in a blog post they are actively exploring the possibilities of integrating the bitcoin digital currency into their platform. This news comes following a May 15th report from NEWSBTC that indicated Charlie Shrem had assumed a business development role at the company, with Shrem telling us that he is "responsible for overseeing development, integration and incorporation of Bitcoin and Digital Currency into the Payza Global Platform." Company VP of Product Ali Nizameddine said Payza - which operates out of London - has a "distinct vision"....

You Can Now Deposit Bitcoin to Payza: Now a Two-Way Bitcoin Service

The online payment wallet Payza, formerly known as Alertpay, recently integrated a new feature that enable its users to deposit funds using Bitcoin. The payment platform, which directly competes with PayPal and Skrill, is definitely looking after bitcoin and the possibilities the new currency offers. A company representative declared on reddit: We expect Bitcoin to be an important part of the online payment ecosystem sooner rather than later and we want to be part of that growth. Payza followed up with their declared intentions with a Twitter post revealing the good news. #Payza already....