How does the Cash Payment option work?: Difference between revisions
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If you choose the ''Cash Payment'' method when buying Bitcoins or other virtual currencies, you will be able to hand over cash in over 28,000 locations in the UK and you will receive your Bitcoins within minutes of the cash being accepted. These locations are offered by [http://www.paypoint.co.uk/ PayPoint] and are typically small supermarkets and corner stores. You will essentially be paying a bill, just like a gas or electricity bill, but you will instead receive Bitcoins. | If you choose the ''Cash Payment'' method when buying Bitcoins or other virtual currencies, you will be able to hand over cash in over 28,000 locations in the UK and you will receive your Bitcoins within minutes of the cash being accepted. These locations are offered by [http://www.paypoint.co.uk/ PayPoint] and are typically small supermarkets and corner stores. You will essentially be paying a bill, just like a gas or electricity bill, but you will instead receive Bitcoins. | ||
==ID requirements== | |||
In order to use the cash payment option, you need to have uploaded your identification documentation using the [https://bittylicious.com/account Profile page]. ID is usually verified within 24 hours of upload. | |||
==Step by step guide== | ==Step by step guide== | ||
[[File:cash1.png|500px|thumb|left|Step 1 ]] | [[File:cash1.png|500px|thumb|left|Step 1 ]] | ||
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Here, you simply copy and paste your Bitcoin address into the top box and type in how many Bitcoins you want into the second box. Make sure you select ''Cash payment'' as the payment method. | |||
The number of Bitcoins you can buy at any time is limited by our [https://bittylicious.com/faq/calculation calculation algorithm] and you must buy a minimum of £10 and a maximum of £300. | |||
[[File:cash2.png|500px|thumb|left|Step 2 ]] | [[File:cash2.png|500px|thumb|left|Step 2 ]] | ||
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[[File:cash3.png|500px|thumb|left|Step 3 ]] | [[File:cash3.png|500px|thumb|left|Step 3 ]] | ||
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[[File:cash5.png|500px|thumb|left|Step 4 ]] | [[File:cash5.png|500px|thumb|left|Step 4 ]] | ||
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[[File:cash6.png|500px|thumb|left|Step 5 ]] | [[File:cash6.png|500px|thumb|left|Step 5 ]] | ||
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[[File:cash7.png|500px|thumb|left|Step 6 ]] | [[File:cash7.png|500px|thumb|left|Step 6 ]] | ||
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[[File:receipt.jpg|500px|thumb|left|Your receipt]] | [[File:receipt.jpg|500px|thumb|left|Your receipt]] | ||
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==Who provides this service?== | ==Who provides this service?== | ||
Revision as of 11:38, 4 February 2014
Introduction
If you choose the Cash Payment method when buying Bitcoins or other virtual currencies, you will be able to hand over cash in over 28,000 locations in the UK and you will receive your Bitcoins within minutes of the cash being accepted. These locations are offered by PayPoint and are typically small supermarkets and corner stores. You will essentially be paying a bill, just like a gas or electricity bill, but you will instead receive Bitcoins.
ID requirements
In order to use the cash payment option, you need to have uploaded your identification documentation using the Profile page. ID is usually verified within 24 hours of upload.
Step by step guide
Here, you simply copy and paste your Bitcoin address into the top box and type in how many Bitcoins you want into the second box. Make sure you select Cash payment as the payment method.
The number of Bitcoins you can buy at any time is limited by our calculation algorithm and you must buy a minimum of £10 and a maximum of £300.
Who provides this service?
Bittylicious is the UK's premier virtual currency marketplace, offering Bitcoins and other virtual currencies at competitive prices using a variety of payment methods.
ZipZap, Inc. is the largest global cash payment network, enabling consumers to buy bitcoin with cash at over 28,000 payment center locations throughout the UK, with more territories coming soon. Founded in 2010, ZipZap is headquartered in San Francisco, California, with operations around the globe.
PayPoint provides the physical infrastructure, i.e. the terminals and communications network, to enable users to pay a variety of bills, and now obtain virtual currencies.