Providing Dash access to underbanked and unbanked residents in 190 countries
Singapore, Asia – March 15, 2018- Dash, the top digital currency for payments, today announced an integration and partnership with Payza, an award-winning international online payment provider, reaching over 13 million users in 190 countries. The partnership allows users to send and receive Dash to and from other Payza users, spend it at 100,000 e-commerce retailers, and exchange Dash to 25 different fiat currencies or Bitcoin. Before the Dash integration, which is now live, Payza had only enabled Bitcoin support for its users.
CEO of Dash Ryan Taylor said, “Payza is an exciting partnership for Dash because our respective missions are so well aligned. Payza is supporting underbanked populations in nearly 200 countries, and the Dash network’s low cost instant transactions are ideal attributes for meeting these customers’ needs. Payza is also well regarded in the industry with literally millions of users and they’ve thus far refrained from integrating other coins across their platform. We are truly humbled to be selected as the first digital currency to integrate beyond Bitcoin, and we look forward to supporting Payza’s growth going forward.”
Payza is headquartered in the UK, but primarily serves Asia, Middle East, Europe and South America, with some of its major markets including Venezuela, Nepal, Pakistan, Brazil, Mexico and Haiti. It was founded to provide an alternative method of payment and storage of currency for people who have difficulty accessing bank accounts and traditional financial institutions. Over the past several months, Payza had received significant customer demand to build-in Dash access, particularly for its low fees, and focus on helping underbanked communities.
Payza CEO Firoz Patel said, “There are several reasons that we chose Dash to be the second cryptocurrency integrated into our platform, after Bitcoin. Dash boasts low network fees and fast transactions, two features that users look for in a cryptocurrency. Dash also has a vibrant and active community, especially in the developing world, which appeals to us as a company that also focuses on empowering underbanked populations. Finally, Dash is user-friendly and has a roadmap in place to further improve usability.” To celebrate the launch, Payza has a promotion for a limited time for users who exchange fiat or Bitcoin into Dash will get an extra 10% of the altcoin when they buy up to 1 Dash, and an extra 5% for each Dash purchased above that amount (up to 5 Dash purchased).
Payza’s Dash integration is made possible through leading blockchain web services and infrastructure provider, BlockCypher. BlockCypher specializes in blockchain agnostic solutions and makes it easier for users and companies to interact with several cryptocurrencies through one solution. “We are excited to see Payza integrate Dash so quickly using our web services and infrastructure,” said Karen Hsu, Head of Growth at BlockCypher. “Payza leads the digital payments market in providing customers with the choice to use Dash and digital currencies, which have become the fastest and most economical way of making cross-border payments for people around the world.”
Dash is the leading e-commerce and payments-focused digital currency, and the rising alternative to bitcoin. With over 1000% year over year growth in both value and trading volume since 2015, Dash has been consistently ranked in the top ten digital currencies by market capitalization and only one of the few offering safe, decentralized financial solutions to real world problems. Dash offers a form of money that is portable, inexpensive, divisible, and fast. It can be spent easily and instantly online at merchants across the globe, at much lower fees than credit and debit cards. With over 50 members on the development team and a unique blockchain mining and treasury model, Dash is the only major self-funded, self-governed organization in the cryptocurrency industry. This allows for constant development and funding for the entire project so community members can upload and vote on proposals, and if they are approved, they are paid for directly from the blockchain. Dash plans to unveil their landmark product Dash Evolution, the industry’s first easy to use decentralized payments platform in 2018.
Payza is an online payments platform for simple, instant and secure transfers. Payza operates in over 190 countries with 25 currencies and supports bank accounts, credit cards. Bitcoin, and now Dash. In addition to transferring funds, the platform can be used to shop online or process payments on e-commerce websites. Payza is PCI DSS Level 1 Compliant to ensure users their personal data are secure and never compromised.
BlockCypher is the leading Blockchain Web Services” company. Their web services enable blockchain applications to be built easily. BlockCypher takes care of the complexity of building and running blockchain infrastructure. BlockCypher is blockchain agnostic and runs multiple blockchains–open and private — on the same infrastructure.