Dutch Bitcoin Payment Provider Bitwala Launches EmailPay Transfer Service

Dutch Bitcoin payment service provider Bitwala has launched a new transfer service EmailPay. Users only need an email address to receive the email and then enter the amount of money they want to transfer.

EmailPay is an email payment service. If you want to transfer money to someone, but you don't know the details of their bank account, but know their email address, then Emailpay can help you solve this problem. Users need to pay Bitwala a transaction fee of 0.5% of the transfer amount. Users with complete registration information can transfer up to 50,000 euros per month.

The process is very simple: users go to the notice board of the Bitwala website, click the "New Bill" button, fill in the transfer details, confirm the information, agree to the terms and conditions, and finally use Bitcoin to transfer money.

EmailPay launched the QuickPay feature in May. This time, the EmailPay service is an extension of the QuickPay function. QuickPay removes the login name and password operation.

“In May, we already had hundreds of transactions. Although we don’t know how many of these transactions were made via QuickPay, our QuickPay feature has received very good feedback from our users,” said Jörg von Minckwitz, CEO of Bitwal.

Bitwala is a new startup that only provides services in the Eurozone. When Bitwala first started providing services, the fee for each transfer was 3% (or at least 5 euros), which was indeed a bit high for users.

“In the past few months, we have been surveying our users and listening to their feedback. The main opinion of users is that the transaction fees are too high, and they asked us to reduce the fees. We will take care of the needs of users and try our best to meet their expectations.”

Bitwala provides money transfer services to 19 countries in the European Union: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia and Spain. The recipient of funds must be in one of the above 19 countries, and the sender of funds can be from any country or region.

"Over the past few months, we have seen an increasing number of customers demanding our money transfer services, especially those who need to transfer money overseas. Most of our customers are from Eastern Europe, Greece, Romania and Albania. In addition, there are also customers from North Africa and India."

Bitwala was originally designed to provide users with bill payment services, but after a period of time, Bitwala's services were also used for commercial purposes by some companies.

Jörg von Minckwitz believes that the convenience of EmailPay payments will help to popularize Bitcoin in the EU.