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Review on Piixpay by Thalhat Tee

Revainrating 3 out of 5

Piixpay and Aave pay- overview

PiixPay can even handle reoccurring payments to the same account and “same or next-day settlement” in 102 countries. PiixPay also offers “Instafill”, which “links a chosen crypto wallet address to [a user’s] bank account address (IBAN) and each time [a user] sends something to that wallet address, it will be converted to euros and transferred into [the user’s] bank immediately”. This becomes very handy for individuals that get paid in cryptocurrency, but still have reoccurring monthly expenses that do not accept cryptocurrency. They have a maximum amount of 20,000 € and a minimum of 1 € per transaction and no limit on the number of transactions, but may ask for more KYC/AML information the more transactions are conducted. They have service fees that range from nothing to 1€ + 1.75% and bank transaction fees ranging from 1€ to 25€ depending on the exact factors.



Pros
  • none
Cons
  • Its unpopular

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