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PAYZA Cash out Bitcoin + Altcoins To Debit Card

  • Writer: CryptoCurrencyAltcoins
    CryptoCurrencyAltcoins
  • Jan 18, 2018
  • 3 min read

Updated: Feb 3, 2018


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UPDATE:


I Received This Email By Payza:


We regret to inform you that your Payza Card is no longer fully functional. Because of Payza's Bitcoin and cryptocurrency services, one of our Payza Card providers has opted to stop issuing and servicing Payza Cards.


This follows the revelation earlier this month that several cryptocurrency debit cards from a wide range of companies were also canceled by their issuers. At this time we do not expect full services to be restored to your Payza Card.


Please be aware that you may no longer able to perform the following actions: Load funds (add funds to your Payza Card from your Payza Account) Unload funds (add funds to your Payza Account from your Payza Card) View your Payza Card balance within your Payza Account You Can Still Use Your Payza Card for One Month You can still use the funds on your Payza Card to make online purchases, in-store purchases, and ATM withdrawals. You can also check your Payza Card balance at most ATMs (standard fees will still apply).


These functions will be available until February 11, 2018, after which time we will provide an update to inform you how any remaining funds on your Payza Card will be returned. We share your disappointment in this news and apologize for any inconvenience this may have caused. Our team is working hard to find alternative solutions to this issue.


Thank you for your understanding,

The Payza Team.




[Initial Post]


PAYZA is an international payment processing company that has been around for a while now, which offers its users with the opportunity of sending and receiving money from almost any country in the world in a seamless and hassle-free manner. The international remittance service company has been in the news as it adopted the use of Bitcoin on its platform where anyone could fund their prepaid cards, which are already available on the platform using their Bitcoin holdings, and also able to actually buy the Bitcoin from the company itself. This prepaid card option now extends to over 50 altcoins with which a person can easily get access to cash by using their crypt holdings to fund their cards.



Features


Payza is a payment solution provider which prides itself as one that is out to provide the solution to those that are frustrated by a lot of the problems that bug PayPal as well as those that are denied its full service. The Payza Prepaid Crypto Card has a number of features which include:


Buy/Sell Bitcoin: With the Payza debit card the user can easily delve into the cryptocurrency world by simply using the money in their wallet to buy the number of Bitcoins they are interested in, or if they had the actual Bitcoin and want to cash out, they could do same using their Payza card which grants them instant access to funds without needing to go off the platform or having to go through the hassle of registering for a standalone exchanges.


Speed of Transaction: Buying and Selling Bitcoin using the Payza card can be initiated and concluded in an instant. Once the user has their Bitcoin already lodged in their Payza crypto Wallet, their accounts or fiat wallet gets funded immediately as soon as the user clicks on the sell button. So also when the user is buying, transaction speeds are generally faster than when one is buying from a standalone exchange.


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Fluidity for Altcoins: A lot of cryptocurrency users that trade with

many altcoins often struggle and

go through very long processes before they are able to get a trading partner or an exchange that is willing to accept their own currencies. Payza offers the user with a simple solution to altcoins fluidity problem by adopting dozens of distinct altcoins where one can sell these coins at very competitive market prices and have their Cards funded immediately, where they can go ahead and shop or withdraw from any ATM around the world.



Downsides


Payza models and markets itself as the PayPal alternative but the platform is still plagued by complaints from sections of its users for not providing the best possible customer support on its platform. Also as at the time of writing this, only a fraction of the total number of countries that are currently supported by Payza can have access to its Crypto Debit Card, and this is a b ummer for the majority of its users in over a hundred countries.



Click the link to visit the website and learn more: Payza.com


Check out our video review on Payza below:





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