Global payment platform Payza has announced that it will be expanding its Cryptocurrency Exchange to include a range of popular Bitcoin alternatives.
The company will now allow verified members in the majority of the 190 countries the platform is available in to trade over 50 altcoins, including:
- Ethereum
- Ripple
- Litecoin
- Dash
- Monero
- Zcash
Users will be able to sell these currencies to Payza, and have them converted to US dollars in their e-wallets. Once the conversion has been made, the funds can be used via a Payza Card.
The company is selling this process as the simplest way to utilise their cryptocurrencies in the wider economy.
An evolving service
As the company’s Cryptocurrency Exchange continues to develop, the company wants to allow members to purchase cryptocurrency on the platform. Currently, members can already purchase Bitcoin.
“Payza is committed to providing our members with a complete online payments and ecommerce solution, and that means incorporating Bitcoin along with the other most popular cryptocurrencies into our platform,” Payza CEO Firoz Patel said.
“Giving our members the option to sell altcoins to Payza is one more step in the direction of complete Bitcoin and altcoin support within the Payza platform, and another step closer to developing a robust and inclusive global payments system.”
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