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Thursday , 18 September 2014

New digital currency service launched by Expresscoin makes it easier to buy Bitcoin in Canada

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The online Bitcoin platform Expresscoin is announcing the expansion of its services into Canada through DebitWay, a recognized leader in debit card services that accepts all issued bank cards using the most popular banking networks. 

The partnership allows Expresscoin to guarantee “fast and secure transactions” to its customers, thanks to Debitway’s merchant service called INTERAC Online Payment, which allow consumers to pay for goods and services online using their own bank account in real time.

“We felt it only made sense to offer our safe digital currency retail service through Canada’s most trusted fiat exchange service so Canadian customers can participate in the digital currency economy and experience the same trust and security they have in their fiat exchange service with Expresscoin”, said the platform’s CEO and co-founder Will Wheeler.

Any user with a Canadian bank account can now access the service to easily and safely buy digital currency while keeping track of balances and activity from a central dashboard. All customers have to do is create an account, submit an order, make a payment and receive the BTC.

However, Canada – where Expresscoin registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) in order to be fully compliant with the country’s laws - is apparently just one of the many countries where Expresscoin plans to strengthen its presence.

“We provide a great service for bringing everyday consumers into the Bitcoin space by making digital currency purchases as easy as possible”, said Wheeler, adding that the company is “excited to open a new platform for our Canadian friends and expand our services to more regions around the world”.