{"id":20216,"date":"2019-04-23T22:08:37","date_gmt":"2019-04-23T22:08:37","guid":{"rendered":"http:\/\/ci027cfe7bb0062697"},"modified":"2019-04-23T22:08:37","modified_gmt":"2019-04-23T22:08:37","slug":"cashaa-now-accepts-debit-credit-cards-crypto-purchases","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/technical\/cashaa-now-accepts-debit-credit-cards-crypto-purchases","title":{"rendered":"Cashaa Now Accepts Debit, Credit Cards for Crypto Purchases"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><figure><img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/cashaa-now-accepts-debit.jpg\" title=\"\"><\/figure>\n<p>Online banking platform Cashaa is set to allow users to purchase bitcoin, ether and Cashaa\u2019s own token, CAS, using major credit and debit cards.<\/p>\n<p>This new service is a follow-up to the <a href=\"https:\/\/news.bitcoin.com\/new-crypto-friendly-bank-cashaa-offers-personal-and-business-accounts\/\" target=\"_blank\" rel=\"noopener\">Business Banking Services<\/a> Cashaa launched earlier in April 2019, which allows both individuals and private firms to open accounts with Cashaa and accept cryptocurrency payments. According to a company statement shared with <em>Bitcoin Magazine<\/em>, the service will be available to users all over the world, excluding the U.S.<\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/articles\/cashaa-hopes-bridge-crypto-and-traditional-finance\">Launched<\/a> in 2016, Cashaa\u2019s stated mission is to use the advantages of cryptocurrency to \u201cbank the unbanked,\u201d allowing a greater array of possible users better access to a financial system. To this end, Cashaa caters to a variety of nations and currencies, including global currencies like the Philippine peso, Indian rupee, Singapore dollar and Swedish krona, as well as Euros and the pound sterling.<\/p>\n<p>\u201cThis functionality was constantly being asked by our existing personal users from more than 109 countries,\u201d said Kumar Gaurav, Cashaa\u2019s CEO, per the statement.<\/p>\n<p>\u201cEnabling this feature will allow our wallet users to buy crypto as an e-commerce experience without paying high fees within their [multisig] wallet. There will be no hidden or markup fees on bitcoin price.\u201d<\/p>\n<p>Using credit and debit cards to purchase crypto assets through Cashaa will allow users to spend anywhere from a half to a third as much in transaction fees compared to industry average prices, the company claimed. Additionally, Cashaa\u2019s service fees for these transactions can be cut further by paying them via CAS tokens.<\/p>\n<p>Describing this new move, Gaurav said that \u201cthere is no major wallet \u2026 offering this service, while the ones who are offering it are charging higher markup fees on bitcoin.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Online banking platform Cashaa is set to allow users to purchase bitcoin, ether and Cashaa\u2019s own token, CAS, using major credit and debit cards.<\/p>\n","protected":false},"author":2545,"featured_media":20217,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[1611],"class_list":["post-20216","post","type-post","status-publish","format-standard","has-post-thumbnail","category-technical","tag-debit-card"],"author_data":{"id":2545,"name":"Landon Manning","nicename":"landon-manning","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/12\/img_2749-96x96.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/cashaa-now-accepts-debit.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/20216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2545"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=20216"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/20216\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/20217"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=20216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=20216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=20216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}