Bitpanda joins PayPal to offer deposits and withdrawals in Spain

By integrating PayPal into its operations, the fintech Bitpanda now allows deposits and withdrawals in Spain, without commissions

The Austrian fintech Bitpanda has just partnered with the PayPal platform and now allows commission-free withdrawals and deposits in Spain. Operations have been active since February, Thursday 22.

According to Bitpanda’s announcement, the strategy will be extended to other countries, such as Italy, France or Switzerland, to facilitate transactions for fintech clients.

The objective is to expand its offer of payment methods, “which include Apple Pay, SEPA bank transfers, as well as credit and debit cards.”

Mireya Fernández, who was recently named Country Lead of Southern Europe and CEE, has indicated: “including PayPal to the Bitpanda ecosystem as another free deposit option for our users in Spain is another example of our attention and commitment to the experience of the user. Something fundamental to strengthen our leadership in the market. “We are proud to offer our Spanish customers this additional extra of comfort and safety.”

The new payment option for Spaniards, through the association of Bitpanda and PayPal, means speed, simplicity and confidence in each deposit and withdrawal, without commissions.

With this announcement, the platform also announced the increase in the daily credit card limit, which went from 10,000 to 20,000 euros.


Source: cripto247

(Reference image source: Kanchanara at Unsplash)

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