A little over six months ago, Payza gave our members an easy way to buy Bitcoin with the money in their Payza accounts. It was our first foray into the exciting, rapidly developing world of cryptocurrencies. A few weeks later, Payza offered our members an option to sell Bitcoin to Payza, a simple way for members to fund their accounts using bitcoins.
Bitcoin Checkout has arrived letting you pay Payza merchants in Bitcoin for all your purchases, so now the big question is, how does it work?
Using Bitcoin Checkout is simple and fast, whether you already have a Payza account or not. Here’s how it works for existing Payza members.
Last week the web was rocked with the news of the Heartbleed bug, which affected servers by exploiting a vulnerability in OpenSSL encrypted data (Payza’s servers were secure – you can learn more in this post). The vulnerability had particularly severe implications for ecommerce businesses, as it gave hackers access to a server’s memory, where sensitive data like usernames, password information, and credit card numbers are stored. Ecommerce businesses can take this opportunity to take another look at their web server security.
Payza, a leading online payment processor and remittance platform, announced the launch of Bank Transfer (ACH) deposits and withdrawals for all Payza members with U.S. bank accounts. The new services are currently the lowest cost deposit and withdrawal methods available to members.