BELIZE CITY, Belize--(BUSINESS WIRE)--Advanced Cash, an easy to use and versatile online payment system, announced they started working with BitPay, the world’s leading Bitcoin payment processor, to continue their bitcoin functionality. Advanced Cash offers an e-currency platform that has features like e-wallets, virtual and plastic debit cards, international money transfers, bulk payments for businesses, and more. This partnership will enhance Advanced Cash’s Bitcoin services for clients globally.
Advanced Cash aims to be faster than conventional money transfer tools, cheaper than a regular bank account, and easier to use than other e-currencies. As the Bitcoin industry grows in transaction volume and technology development, companies like Advanced Cash need to have a scalable product to compete and meet customer expectations. With BitPay, they are able to provide reliable and efficient services to Bitcoin users by offering frictionless transactions powered by enterprise level software and support service.
The main use for Bitcoin in Advanced Cash is as an account funding method. E-wallet owners are able to get a virtual or plastic debit card and use Bitcoin to fund their account and then send funds to their cards instantly. This lets Bitcoin users easily convert their Bitcoins into a fiat balance that can be spent anywhere MasterCard is accepted.
Yaacov Bitton, Advanced Cash’s CEO, says: “We are excited to finally be able to offer our customers an easy and affordable way to fund their e-wallets in Bitcoin and then manage their online funds the way they want. We definitely see a growing demand for this. Advanced Cash is all about giving our clients the most cutting edge tools powered by latest technology available, and here, BitPay solutions are of a great value.”
“Advanced Cash is doing a great job at promoting Bitcoin adoption globally. For Latin America, it is a great use case. As Bitcoin acceptance is developing in the region, it is good for Bitcoin users to have an alternative for using their Bitcoins in places that have not adopted this new form of payment yet. Additionally, with fees as low as 0% to fund an account with Bitcoin, it makes it very competitive and very convenient for money transfers, given that Advanced Cash is available in 200 countries worldwide,” explains Pablo Magro, Latin America BitPay team.
About Advanced Cash
Advanced Cash is an easy to use and versatile online payment system that helps you and your business stay ahead of the game. Headquartered in Belize, it is backed up by 20+ year experience in international finance and electronic payments. Company’s specialties include payment processing, MasterCard prepaid virtual and plastic cards, P2P transfers, e-wallet platform, B2C affiliate and card payouts.
BitPay is the global leader in bitcoin payment processing with offices throughout North America, Europe, and South America. The company has raised over $32 million from top investors including Index Ventures, Founders Fund, and Sir Richard Branson.