MovoCash, the creator of MOVO, a mobile payments platform and app, today announced the company is enabling Bitcoin and Bitcoin Cash purchases and peer-to-peer top-ups, powered by BitPay, the largest global blockchain payments provider.
The patented technology called MovoChain enables consumers to convert Bitcoin and Bitcoin Cash to cash value that’s instantly loaded onto an FDIC-insured digital card account for purchases online and in-store, for cash back or for peer-to-peer payments. This service is available to anyone in the United States with an email address or phone number, subject to ID verification. New York-based Metropolitan Commercial Bank is an issuing bank for debit cards offered by Bitpay and MovoCash.
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