German bill payment service Bitwala has further expanded its product portfolio by launching a secure wallet service for bitcoin users.
The launch follows the recent release of Bitwala messenger, which allows users send funds to other people via chat commands.
Go deeper with GlobalData
The company said that its new feature – Bitwala wallet – will allow users to set up their wallet from their user account.
Its service uses seamless website integration and allows users to pay and send bitcoins from within the site itself.
The company added that the Bitwala wallet will enable users to have full control over their money. Each user will be required to set up a separate password that is different from their account password for their wallet.
The new feature will also enable users to issue international bank transfers and top up their debit card. Customer can view their ATM transactions, debit card transactions and amount of bitcoins they have on dashboard.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe Bitwala wallet currently supports Bitcoin exclusively. The company plans to include Ether, DASH and more cryptocurrencies in the near future.
Bitwala CEO Jorg von Minckwitz said: “I see the Bitwala wallet as one of the most important pillars of our success. Usability is vital when handling expenses with bitcoins and with our wallet, we are a step closer to bringing Bitcoin into the mainstream. Spending, holding and sending Bitcoins and Fiat has never been easier.”
