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UK-based digital and cryptocurrency exchange Paybis has announced that it will now support the purchase of bitcoin through all major credit cards, on its platform. The new feature allows users to make fiat payments using their VISA and MasterCard powered credit cards to purchase bitcoin in a convenient and user-friendly fashion.

The new “bitcoin with Credit Card” function allows buyers to instantly receive the cryptocurrency once the respective provider approves the credit card transaction. To avail themselves of the new feature users can follow the simple account setup instructions on PayBis.com and sign in with their Facebook or Google accounts. After the completion of verification, Paybis users can choose the amount of money they want to purchase bitcoin for and complete the payment process with their desired credit card.  

Paybis.com employs a standard identity verification process, which accepts the usual, recognized photo ID and address documentation. The whole process takes around 30 minutes to complete. Credit card spending allowances are determined by the identity verification status of the user. The entry level identity verification will allow for smaller spending limits while higher levels of verification involving steps like passport verification will offer maximum spending limits. At the upper end of the spectrum, a weekly credit card purchase allowance of $5,000 or a monthly allowance of $ 20,000 USD can be achieved.

Paybis supports a plethora of alternative payment methods to non-credit card users, such as

PayPal, Western Union, MoneyGram, OKPay, WebMoney, Skrill, Perfect Money, EPay, Yandex Money, Payeer, and Payza. In addition to these choices, there is a Paybis ‘Giftcard to bitcoin’ option that allows the users to convert gift cards issued by major US retailers like Amazon, Target, Walmart and others into bitcoin.

The Paybis cryptocurrency platform provides a 24/7 live customer support for all users.

Paybis ensures user protection on the trading platform through the implementation of a high-level security protocol. The bitcoin payment systems are fully automated to ensure efficiency and instant delivery of bitcoin to all users.

Paybis trading platform focuses on providing a transparent operating process with no hidden service charges. bitcoin exchange rates for all payment methods can be directly accessed via the Paybis website. Paybis has completed over 50,000 transactions so far for more than 20,000 customers. The company is soon to announce new features to the platform along with few additional products, aiming to further expand Paybis’ growing presence in the cryptocurrency market.

Images courtesy of bitcoin PRBuzz

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