Press Releases 12 May 2018

Press Releases

MovoCash launches new service that converts crypto to cash in minutes

Now Bitcoin and Bitcoin Cash value can be used to fund everyday transactions

PALO ALTO, Calif.–(BUSINESS WIRE)– Imagine paying rent, splitting a lunch tab or buying mom a gift using your cryptocurrency. MovoCash, the creator of MOVO®, a mobile payments platform and app, announces the launch of MovoChain, a web-based service that allows owners of the popular cryptocurrencies Bitcoin and Bitcoin Cash to easily convert crypto to ready-to-spend cash in an FDIC-insured prepaid account. This service is available to anyone in the United States with an email address or phone number; and funds become available in minutes.

“The popularity of cryptocurrency is on the rise, and until now, crypto owners have gone through a cumbersome process to convert it into currency to use in everyday transactions,” says Eric Solis, CEO of MovoCash. “MovoChain enables Bitcoin/Bitcoin Cash value to be sent and loaded to MOVO and then used at the point of sale via a real-time digital debit card which can be instantly provisioned to Apple Pay, Google Pay or Samsung Pay.”

With the launch of MovoChain, MovoCash offers a link between the $400 billion global cryptocurrency market (Coinmarketcap.com) and the $927 billion U.S. digital payments market (Statista) through its virtual banking platform, while granting customers access to a flexible payments app.

“Using world-class gateway technology for conversion, MovoChain is a one-of-a-kind interoperability bridge connecting Bitcoin/Bitcoin Cash directly to the cash system used in everyday transactions like person-to-person transfers, bill payments or payments with a linked MOVO Visa debit card,” adds Solis.

Bitcoin and Bitcoin Cash owners can convert crypto to cash by visiting movochain.com.

Tweet: MovoCash Launches New Service that Converts Crypto to Cash in Minutes http://movochain.com #bitcoin #fintech #cryptocurrency @MovoCash

About MovoCash, Inc.

Founded in 2014, MovoCash, Inc. is a California-based mobile payments company that offers a popular robust mobile virtual banking app, MOVO. MOVO empowers customers to instantly send and spend money right from a mobile phone, even without a bank account. Unlike major competitors, MOVO accounts are FDIC insured and offer unique fraud protection features like MovoCoin which provides an instant digital VISA debit card that protects a user’s primary banking information. For more information, visit http://movo.cash.

Contacts
MovoCash, Inc.
April Enriquez
PR Manager
(805) 628-2383
april@movo.cash

Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Satoshi Vision (BSV) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BSV is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.

COMMENT

Add a Comment

latest news

ElectrumSV Wallet Released for Bitcoin SV (BSV), the Original Bitcoin

Press Releases 10 January 2019

ElectrumSV Wallet Released for Bitcoin SV (BSV), the Original Bitcoin

The bComm Association announces the ElectrumSV wallet for Bitcoin SV (BSV), the rebirth of the original Bitcoin.  ElectrumSV is a conversion – for the Bitcoin SV blockchain - of the popular Electrum wallet for Bitcoin.

Read More
Commemorative silver coins to mark the mining of the genesis Bitcoin block

Press Releases 3 January 2019

Commemorative silver coins to mark the mining of the genesis Bitcoin block

The ~60gm silver coins will be tokenized to hold provenance information on Bitcoin as each coin is also uniquely identifiable.

Read More
Bitcoin SV (BSV) unveils logo for rebirth of original Bitcoin

Press Releases 3 January 2019

Bitcoin SV (BSV) unveils logo for rebirth of original Bitcoin

The bComm Association unveils an updated logo for Bitcoin SV (ticker: BSV), chosen from public voting after three Twitter polls in a new form of decentralized marketing.

Read More