Bitcoin and charitable organisations go hand-in-hand, as it is much easier to accept virtual currency donations compared to traditional payment options. Wire transfers, credit cards, cash and even Paypal, are all subject to fees along the way of getting the funds to those in need. Bitcoin payments are subject to a minimal fee and funds can be sent to anyone in the world within minutes. SurBTC, a Bitcoin exchange in Chile, wants to bring out the best of Bitcoin when natural disasters take place.
Bitpay announced today that they have integrated with DriveWealth. DriveWealth is a mobile investment platform that is available worldwide. DriveWealth will become the first financial services company to allow users to fund their account with bitcoin.
Bitcoin’s universal capability will make it easier for DriveWealth’s global customers to fund their accounts. DriveWealth’s platform enables international users to deposit funds faster than most other methods currently available, and their business model is making the entire process of investing easier for the relatively untapped global millennial demographic.