There’s a new service available throughout the European Union, Australia, Singapore, Mexico and Nigeria that allows users to transfer cryptocurrency to fiat and load their existing bank cards. Payglobal, headquartered in the U.K., allows registered customers to receive funds through bank transfer, debit card, alternative payments and digital currencies bitcoin core (BTC) and ethereum (ETH). Giora Tal, Payglobal’s CEO, told news.Bitcoin.com that other cryptocurrencies will be added in the future and the company will also be expanding to other countries. The firm believes that individuals will appreciate a turnkey e-wallet solution that supports conversions from cryptocurrency to fiat money and transferred onto existing bank cards.
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