Bitpanda Launches Quick Payment Service for Fiat Settlement

Viennese cryptocurrency exchange Bitpanda has launched Bitpanda Pay, a service designed to let users transfer funds directly from their Bitpanda accounts into EU bank accounts and to pay their bills.

Announced in an official blog post on October 16, 2019, the new service lets customers send funds from their exchange accounts to any International Bank Account Number (IBAN), the standard numbering system for bank accounts in Europe. With Bitpanda Pay, users can also settle their bills in fiat and send money to others. 

Bitpanda Pay is run by Bitpanda Payments, a licensed subsidiary of Bitpanda. The exchange was granted a payment service provider license (PSD2) in April 2019.

“We want to act as the missing link to make digital assets spendable anywhere our users want,” Lukas Enzersdorfer-Konrad, one of the co-managing directors of Bitpanda Payments GmbH, said at the time. “With the license, we are a first mover in Europe to offer convenient and innovative features and services.”

To transfer funds through Bitpanda Pay, Bitpanda users are required to go through a separate verification process in addition to the steps they took to acquire a verified Bitpanda account. This includes using a smartphone to receive a Bitpanda Pay verification code.


8 thoughts on “Bitpanda Launches Quick Payment Service for Fiat Settlement

  1. With havin so much content do you ever run into any problems of plagorism or copyright violation? My website has a lot of completely unique content I’ve either created myself or outsourced but it appears a lot of it is popping it up all over the internet without my authorization. Do you know any techniques to help prevent content from being stolen? I’d definitely appreciate it.

  2. Oh my goodness! an incredible article dude. Thank you Nonetheless I’m experiencing concern with ur rss . Don’t know why Unable to subscribe to it. Is there anyone getting equivalent rss downside? Anybody who is aware of kindly respond. Thnkx

  3. Thanks for the sensible critique. Me and my neighbor were just preparing to do a little research about this. We got a grab a book from our local library but I think I learned more clear from this post. I am very glad to see such great info being shared freely out there.

  4. I just wanted to make a small message to express gratitude to you for some of the amazing recommendations you are writing at this website. My considerable internet research has now been paid with pleasant tips to exchange with my pals. I would assume that most of us website visitors are quite endowed to live in a decent website with so many outstanding professionals with helpful methods. I feel pretty lucky to have discovered the web page and look forward to many more exciting moments reading here. Thanks again for everything.

  5. An attention-grabbing dialogue is price comment. I think that you must write extra on this subject, it might not be a taboo subject but generally people are not enough to speak on such topics. To the next. Cheers

Leave a Reply

Your email address will not be published. Required fields are marked *

Language »