Bitcoin knows no borders; transactions between geographical borders is the same as making a bitcoin transfer to someone sitting right next to you. There will be no difference in transaction fee or time required for execution of the transaction. This quality of bitcoin is a boon for people who regularly make overseas transfers, especially people employed in different countries who transfer funds back home on a regular basis or those who keep travelling on work and have to take care of their utility bills etc. back home while on a trip.
Bitwala, a bitcoin startup is leveraging upon this quality of bitcoin to make remittance and bill payments easier from across the world. Bitwala is a 6-month-old Dutch startup offering bitcoin payment services. The company has recently introduced a new payment system called EmailPay where users no longer have to use a long string of characters to make bitcoin transfers. EmailPay allows registered users on the platform to make bitcoin transactions using email ids instead of wallet address.
Bitwala has been gradually expanding its reach across Europe and the company currently has users from over 19 Eurozone countries and beyond. The QuickPay service offered by Bitwala makes paying