Review on Piixpay by Othere Obtentus
Get a haircut with Bitcoin
Now that cryptocurrencies are everywhere, its not that hard to get your hands on some of them or even buy some of your own through many of the exchanges available online.
To convert your fiat currency into cryptocurrency you need to run a number of transactions through different wallets and/or exchanges. If you want to pay a bill or buy a product through Bitcoin, you will have to again exchange it for fiat unless the payee accepts cryptocurrency.
Since cryptocurrencies have not achieved mass adoption yet, not many vendors will accept it as payment. There are payment cards and online payment services that have made the process a bit less cumbersome, the number of transactions and transaction fees incurred is still inconvenient. That's where Piixpay comes in.
Piixpay is a new crypto payment platform that allows you to pay invoices with cryptocurrencies. You can pay for your family bill and expenses directly with cryptocurrency without converting it. The signup process is totally free and only requires few minutes.
After registering, you can start your payments by entering your invoice details along with required personal details. After that you will be provided with a wallet address where you need to send a specific amount of cretain cryptocurrency.
Piixpay will carry out your transaction in the form of a SEPA bank transaction using Euro. You can track your transactions status within the platform until it is completed. The instafill feature makes it even easier to receive cryptocurrencies directly into the bank account. You can provide your wallet address to Piixpay and the crypto you receive in that particular address will automatically be converted to fiat and deposited in your IBAN address.
Piixpay is a infrastructure to facilitate the full potential of cryptocurrencies. It is the next step for mass adoption of digital currencies as a widely accepted medium of exchange.
With Piixpay, you will technically be able to get a haircut with Bitcoin if you get an invoice from the barber.
Pros
- Open source code
- Pay bills and invoices with cryptocurrencies
- Wide variety of supported cryptocurrencies
- Payments made through Bank
- Innovative for the future of cryptocurrencies
- Extremely fast transaction which can be monitored all time
- A great community with a professional core team
- Instafill feature to link crypto wallet with bank account
Cons
- Only accepts Euro for sending and receiving payments
- The services are not available for many countries around the world
- Higher fees outside SEPA zone transaction
- Requires personal identification
