BlockchainMOVO® Launches MOVO Chain®

BusinessWire BusinessWireJuly 28, 20213 min

Users can cash-in a cryptocurrency’s real-time value via a Digital Debit Mastercard®, Peer-to-Peer Transfer, Bill Pay or connection to Apple Pay® or Google Pay®

MovoCash, Inc., a California-based Fintech company, today announced the launch of MOVO Chain® by MOVO®. This technology is a cryptocurrency-to-cash (C2C) and peer-to-peer (P2P2P®) interoperability solution that upends cryptocurrency sending and spending by using a patent-pending blockchain solution to quickly convert stored value held in cryptocurrency into fiat currency (United States Dollar) in the form of P2P2P® digital cash tokens on a debit card.

“MOVO Chain® provides crypto to USD hybrid systems to create off-ramps for crypto users to be able to send it to others, spend, and have it land on a Debit Mastercard® for everyday living expenses,” said Eric Solis, CEO and Founder of MovoCash, Inc. “We see this as a tremendous opportunity that uses Bitcoin and Fiat currency hybrid to bridge the traditional saving and checking model. With MOVO Chain®, consumers can use Bitcoin and other major cryptocurrencies as their long-term savings and Fiat for their day-to-day payments.”

“We are proud to partner with MOVO who continues to deliver innovative and frictionless payment options in this rapidly growing industry,” said Eric Sprink, President and CEO of Coastal Community Bank. “MOVO Chain equips MOVO customers with a one-of-a-kind solution that enables them to convert and send cash value from their bitcoin or other cryptocurrency holdings, seamlessly.”

Cryptocurrency users located in the United States can convert and send/spend cash value via debit card to anyone with an email address or mobile number. This one-of-a-kind solution creates a hybrid model that gives users spendable crypto. To learn more visit www.movochain.com.

For more such Updates Log on to https://fintecbuzz.com/ Follow us on Google News Fintech News

BusinessWire

BusinessWire

Leave a Reply

Your email address will not be published. Required fields are marked *

We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it fintech live news, finance press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the aptest trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way. We adopt a 360-degree approach in order to cater to present a holistic picture of the fintech arena.

Our Publications




FintecBuzz, 2021 © All Rights Reserved