Bitfinex enables crypto payments with credit and debit cards
Bitfinex enables crypto payments with credit and debit cards

Bitfinex enables crypto payments with credit and debit cards

By Stefania Stimolo - 20 Dec 2019

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Today, the Bitfinex crypto exchange, in collaboration with Estonian crypto payments provider Mercuryo, announced that it will enable the use of credit and debit cards for crypto payments on the platform.  

According to reports, it appears that the popular crypto trading platform, Bitfinex, is offering its customers the possibility to make deposits for crypto purchases using the VISA and MasterCard circuits

In this regard, Paolo Ardoino, CTO of Bitfinex said:

“We are introducing card payments in response to demand from our user base,” said Paolo Ardoino, CTO at Bitfinex. “Our customers appreciate the convenience and ease of use of credit cards and our collaboration with Mercuryo provides a highly secure and user friendly portal for purchasing cryptocurrencies on our platform”.

Bitfinex’s new partner, Mercuryo is a specialised payment provider that features a crypto wallet, payment gateways for crypto exchanges and dedicated solutions for companies to integrate cryptocurrencies into their payment systems.  

Gregory Waisman, co-founder and COO of Mercuryo, commented as follows: 

“Our goal is to simplify your interactions with cryptocurrency and boost mass adoption by introducing digital currencies into your daily life”.

Not only that, Mercuryo is also one of the first companies to offer PCI DSS crypto services compliant with the international information security standards adopted by major payment systems such as VISA, MasterCard and AMEX. 

This is yet another initiative undertaken by Bitfinex to satisfy the needs of its customers, thereby promoting ease of access to the crypto world.

A few days ago, the crypto exchange also announced that it had removed fees on deposits below one thousand dollars. This increase in fees was introduced during the hype at the end of December 2017 in order to counter the high number of spam which slowed down the service.  

Stefania Stimolo

Graduated in Marketing and Communication, Stefania is an explorer of innovative opportunities. She started out as a Sales Assistant for e-commerce, and in 2016 she began to develop a passion for the digital world, initially in the Network Marketing sector, where she discovered and became passionate about the ideals behind Bitcoin and Blockchain technology, which lead her to work as a copywriter and translator for ICO projects and blogs, and organize introductory courses.

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