ZipZap Hits Pause On Bitcoin Purchases

What's Next In Payments®
3:04 AM EDT March 26th, 2014

UK cash-to-bitcoin transfers through ZipZap have been put on pause.

“They (PayPoint, the company that processes ZipZap’s payments) only asked that we halt processing digital currency transactions until they have better legal clarification from government on Bitcoin, which we hope to have within weeks,” explained CEO Alan Safahi on Reddit.

MPD CEO Karen Webster has more on the overall global bitcoin controversy here.

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