Netagio Rolls out Credit and Debit Card Payment Options for Bitcoin

UK-based bitcoin exchange Netagio has introduced new credit and debit card payment options for trading accounts, making it easier for retail and institutional investors to buy, sell, and trade the virtual currency with EUR, USD, and GBP.

The new credit and debit card payment options allow its customers from 114 countries to deposit funds with the Visa, Visa Electron, Visa Debit, MasterCard, MasterCard Debit or Maestro cards and trade them against bitcoin.

These new options provide customers a faster and easier way of funding their accounts, as compared to traditional banking deposits, which are subject to one- to three-day processing times and international banking charges.

Netagio has partnered with Isle of Man-based payment services provider WalPay to offer the new funding options and enable customers to deposit funds and receive international payments.

The launch of credit and debit payments options support Netagio’s recent strategic move to launch USD and EUR order books in response to customer demand for bitcoin.

Simon Hamblin, CEO of Netagio, said: “Our customers will always be our number one priority. We recently expanded our order books to USD and EUR in response to customer feedback and now also offer a choice of payment methods, with our new credit & debit card payments in addition to the traditional banking payments. The US and Europe are the largest markets for Bitcoin trading, after China, and as such present a great opportunity for retail and institutional investors wishing to access these markets.”