We are Bitwala, the bitcoin to SEPA Service. We are looking for feedback

[bitwala]

Hi community!

we are Bitwala (https://bitwa.la) a group of serial entrepreneurs and we recently opened our newest project. Since our first test in 2013 there had been a lot of legal issues but now we are finally online and are now able to transfer up to 50 000€ monthly from anywhere in the world to the SEPA zone.

We are now looking for feedback. What do you want us to improve? What are features that you would love to see? We appreciate any kind of response.

Thank you very much for your support

Your Bitwala team

[dsattler]

Please elaborate on your fees. I've read about 2%, that seems quite high.

And what are "spectrocoin rates"? 

[donschoe]

Please elaborate on your fees. I've read about 2%, that seems quite high.

And what are "spectrocoin rates"? 

spectrocoin is a payment processor.
https://spectrocoin.com/en/bitcoin-price-rates.html

Fees are now 0.5% btw

[dsattler]

Please elaborate on your fees. I've read about 2%, that seems quite high.

And what are "spectrocoin rates"? 

spectrocoin is a payment processor.
https://spectrocoin.com/en/bitcoin-price-rates.html

Fees are now 0.5% btw

Thanks for the info. Spectrocoin rates seem to be on the upper level of EUR for BTC comparing with the main exchanges, so this is a big plus for this service!

0.5% fee is IMHO very reasonable.

What kind of personal information do I have to give them on registering?

[dsattler]

As a matter of fact it's 0.5% plus 1 Euro per payment:

http://about.bitwa.la/introducing-0-5-fee-on-bitwala-for-all-transfers/

[bitwala]

Dear Bitwala & Bitcoin users,

thanks for the hint and your feedback.

We updated the announcement and our fee schedule:

We decided to lower our fees to 0.5% of the total amount OR a minimum of one euro per transaction

We will never charge more than 1 EUR or 0.5 % of the transaction amount.

As well, we recently introduced a new feature: QuickPay enables anonymous and instant bill payments up to 200 EUR.

No login, no verification, no unneeded data. Just fill and in the details for an IBAN transfer.
Pay with bitcoin and relax and we will take it from there. It is has never been so easy to pay your bills with bitcoin.

Please check it out, test it and give us your feedback.

Thank you very much!

Yours truly,
Bitwala

[melody82]

Hi, I have never heard of a SEPA zone.  You might want to put a brief explanation at the bottom of the opening post to explain what it is.  Who knows, it might be something I want.  Thanks!

[donschoe]

Hi, I have never heard of a SEPA zone.  You might want to put a brief explanation at the bottom of the opening post to explain what it is.  Who knows, it might be something I want.  Thanks!

Let me google that for you...

https://en.wikipedia.org/wiki/Single_Euro_Payments_Area#/media/File:EU28_Single-Euro-Payment-Area_-2013-.svg

[Lasergun]

Who is the card issuer? Where can I find the current btc/eur exchange rate?

[bitwala]

Who is the card issuer? Where can I find the current btc/eur exchange rate?

The card issuer is MyChoice. You can see the current exchange rate in the top left corner after you log in.