Bitcoin wallet Chip-Chap connects traditional banking with virtual currencies
The e-wallet Chip-Chap is a digital system which allows to manage and interconnect traditional banking platforms with virtual currencies, such as Bitcoin. Not only can the user buy and store Bitcoins in the App, but also exchange them back to Euros and withdraw cash from bank ATMs. The difference to other already existent e-wallets on the market is its comprehensive and unparalleled offer which makes it one of a kind. Chip-Chap is unique in its variety of mobile options ranging from storage and exchange of digital currencies over money transfers to commerce transactions and ATM....
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Bitcoin users can now buy bitcoin at any of 5,000 vendors in Mexico using Chip Chap the “e-money converter.” A full list of Mexican vendors, which range from La Mission to 7-Eleven, can be found on the Paynet website. Users generate a barcode using Chip Chap and then the app will lead them to the closest shop to redeem their bitcoins. Chip Chap supports a range of payment systems and vouchers, such as Bitcoin, Ukash, or Paynet. A smartphone and a connection is all that's required to make the conversions between them. So far, the app supports payment systems that work in Spain, France,....
Chip Chap, the “e-money converter” app, released a new version that supports worldwide bitcoin purchases via credit card. The beta app allows users to purchase bitcoin using the 3-D Secure protocol for Visa and MasterCard credit card transactions. There are processing fees. So far, the team has tested transactions in Europe, Russia, and the United States, but users should be able to purchase bitcoin around the world, according to Chip Chap CIO and co-founder Vicent Nos Ripolles. Right now, the app is available on Android. Chip Chap is an “e-money converter” as it supports a variety of....
Whenever we run out of cash, the first thing we do is find a nearby ATM, so that we can withdraw money from our bank accounts without having to make a trip to the branch. The concept of ATM for banking has been there for decades. They were undoubtedly responsible for revolutionizing the banking sector, making it more customer friendly by providing easy access to their accounts. ATMs have been the digital gateway for physical currency, but now with Bitcoins, it is just the opposite. Bitcoin is a digital currency, that has replaced fiat currency in many online and offline places. Bitcoin....
In order to bring Bitcoin to as many everyday people as possible, we need to make it more accessible to both buy and sell BTC in exchange for fiat currency. Even though most Bitcoin enthusiasts would like to see the world transition to a cashless system where all goods and services are priced in BTC instead of relying on a fiat currency value, which will not happen anytime soon. But it has to be said that Chip Chap is making a strong effort to push Bitcoin adoption. Bitcoin and the Western World. Spreading Bitcoin in the Western world is not as easy as most companies originally assumed. If....
Making Bitcoin more accessible to everyday consumers is one of the great hurdles to overcome if we want to kickstart the digital currency revolution. In saying that, I do mean literally walking into a store and purchasing Bitcoin with local fiat currency. Chip Chap has made that dream come true for Mexican residents, as they can now buy Bitcoin at 5,000 brick-and-mortar locations. Mexico’s Economic Situation. To put things into perspective a bit, you can not simply walk into a participating brick-and-mortar shop and purchase Bitcoin over the counter. That being said, the actual process....