Netagio Bitcoin Exchange announced today that they have started to accept credit and debit card payments in their site. Netagio sells and buys Bitcoins in Euro, Dollars and Great British Pounds in their market place, where users now will be able to purchase coins even faster with their cards instead of a bank wire.
The move to accept credit/debit cards is a strategic decision from their side, trying to expand their business by reaching new crowds and make it easier for investors and institutions to purchase and sell their coins.
Customers from the 114 different countries in which Netagio operates in will be able to use Visa, Visa Electron, Visa Debit, Mastercard, Mastercard Debit and Maestro Card in the platform in partnership with WalPay, which is an Isle of Man-based payments company who follows the European payments regulations for fraud and money-laundering.
Simon Hamblin, CEO of Netagio, said: "Our customers will always be our number one priority. We recently expanded our order books to USD and EUR in response to customer feedback and now also offer a choice of payment methods, with our new credit & debit card payments in addition to the traditional banking payments. The US and Europe are the largest markets for Bitcoin trading, after China, and as such present a great opportunity for retail and institutional investors wishing to access these markets."