Transferwise Blocks Deposits to Bitcoin Processor Cashila
Euro and bitcoin payment processor Cashila has hinted that Transferwise has decided to block deposits to its bank accounts. Transferwise is a traditional money transfer service which gained popularity promising cheaper money transfers. Cashila users often use it to deposit funds into their accounts and to ICONOMI, its ether-based service. As a result, it surprised Cashila when one of its users complained that it was no longer possible to send funds to the processor through Transferwise. Cashila stated on its website: Transferwise did not notify us beforehand of their decision. We....
Related News
As use and popularity of Ether continues to grow, DAO and building of smart contracts around it are also on the increase. Cashila, a Bitcoin payment processor has announced the creation of ICONOMI, a platform to buy, sell, trade and store Ether. Cashila allows customers to make purchases of the new cryptocurrency with a direct wire transfer. The service operates as a Euro wallet which lets users send money (pay bills, cash out Bitcoins), receive money (third-party deposits), keep funds in it or convert to Bitcoin. Within the past year, there has been a lot of activity surrounding Ethereum....
There seems to be no love lost between central banks and companies active in the world of Bitcoin and blockchain technology. But at the same time, Cashila is the world’s first Bitcoin payment processor with a license by a Central Bank, showing there is a way to bridge the gap between both sides of the financial sector. The new service offered by this company lets users buy, sell, and store Ethereum in a quick and convenient way. Cashila Ventures Into The Ethereum World. It is not uncommon to see existing Bitcoin platforms explore the Ethereum side of things as well since there is a lot of....
Cashila, a bitcoin payment and bitcoin-to-euro conversion service, has partnered with Bitnik Reload, a Slovenian bitcoin service that automatically repurchases spent bitcoin from exchanges. The partnership will allow people to live truly on bitcoin, according to Jani Valjavec, co-founder of Cashila. The partnership allows users to pay quickly and easily while repurchasing bitcoin from a variety of exchanges, Valjavec noted in a Cashila blog. Cashila allows bitcoin users to convert bitcoins to euros and vice versa. Users can make payments to bank accounts directly. It serves as a EUR wallet....
Cashila, the European bitcoin/fiat payment processor adds a new feature for its customers enabling them to top up their account with Sofort Banking option. That allows users to instantly buy bitcoin or send a SEPA payment. Sofort Banking is a popular online banking based payment method, especially in Germany and Austria. Over 30 000 e-commerce shops process about three million transactions per month using this service. It is currently available in 13 EU countries. “We are proud of the integration giving our customers the ability to easily top up their accounts using their familiar online....
Back in 2013, TransferWise had stopped processing transfers to Bitcoin exchanges. The money transfer service however was extremely apologetic, and simply blamed their banks for making them take such a "heart-breaking" decision, saying: "The banks - just like everyone else in the sector - are nervous because they don't know what to think of Bitcoin. The regulators and politicians' silence on the topic leaves us all in the dark." TransferWise was visibly sandwiched between its very own morals and the bankers' muscles. The UK-based firm had always supported the digital currency technology,....