In Payza’s latest Bitcoin update, the company announced that members can now hold Bitcoin right in their Payza e-wallets. This has a big impact on merchants who want to be able to accept payments in Bitcoin and traditional fiat currencies. It’s also exciting news for businesses who need to make Bitcoin payouts to their affiliates.
As a merchant, there are several ways to take advantage of Payza’s new Bitcoin features. You can now accept payment in Bitcoin, you can even set prices for your items directly in Bitcoin instead of having to peg that amount to a fiat currency. Bitcoin you receive can now be held right within your Payza e-wallet. You can instantly convert those Bitcoin to fiat currency whenever you like.
To complete our new range of Bitcoin services, we’re also updating our APIs to help merchants who make regular Mass Payments.
Automate your Bitcoin payouts
Payza’s MassPay API and Payza’s SendMoney API already make it possible for merchants to send multiple payments in a single click to other Payza members. These payments can be made in any currency Payza supports, which now includes Bitcoin.
But what if you need to make Bitcoin payouts to affiliates who don’t have a Payza account? That will soon be possible too. Payza’s team of developers is updating our APIs to let you send Bitcoin to other Bitcoin wallets with just one action. This will help you automate your payouts, regardless of where and how your recipients want to receive their payments.
If you make regular payouts in both Bitcoin and fiat currency, chances are right now you are using multiple solutions to facilitate your payments. With Payza, you can soon make all of your payouts using just one system, saving you time and trouble. Your affiliates will love it too, thanks to Payza’s low fees for Bitcoin transactions.
When using Payza’s APIs to automate your Bitcoin payouts, you’ll soon have two options on where to send those bitcoins. You can either use your recipient’s Payza email address to send bitcoins right to their Payza e-wallet, or you can enter their Bitcoin wallet address to send Bitcoin to an external wallet.