We’re entering the closing stages for the implementation of our new card programme and we’re happy to say that our customers will be able to use our cards in Europe, the Russian Federation, and Southeast Asia. Check our progress ›
We’re entering the closing stages for the implementation of our new card programme and we’re happy to say that our customers will be able to use our cards in Europe, the Russian Federation, and Southeast Asia. Check our progress ›
Currently our CBDO George Basiladze together with legal advisors are working on the compliance and regulatory framework for the brokerage business model. You can expect more information to be released as we make more progress on this new service.
George has had experience at different investment firms and also holds an in-depth knowledge of financial systems. He’s an experienced professional with a background in PE/VC and corporate finance. He along with Dmitry Gunyashov founded Cryptopay back in 2013.
Dmitry is a long-term bitcoin supporter and has been involved with the blockchain community for more than 5 years. Dmitry was engaged in building e-commerce businesses for more than 7 years and successfully managed the development of multiple payment systems in the past.
With over 10 years of engineering for a range of businesses including 5 years of banking and e-money software development, he’s truly a jack of all trades when it comes to implementing and managing various technical systems. Pavel draws on his huge programming and managerial experience to make sure everything is done right.
Eric has delivered innovative SaaS systems for some of the biggest institutions around payments, identity, and banking infrastructure. Ever since hopping on the blockchain wave in 2012, Eric has been involved in a number of blockchain fintech businesses both as an investor and a board director.
Alexey has nearly a decade of financial experience, with master’s degrees in Automated Information Processing and in Business Economics, and 6-years audit and consulting experience at the Big4 company. His skills have proved invaluable from a managerial and financial perspective: with the company nearly doubling in size during the past year, Alexey has been instrumental to the continuing growth of Cryptopay.
Velin joined Cryptopay specifically to launch and run our new card programme. With experience at some of the biggest card issuing banks in the EU, Velin was an obvious choice for us to bring back our cards.
Elias has been in the IT industry for 6 years already. He joined our team in 2016 to help build the customer success team by using the industry’s best practices and his own experience acquired at VKontakte. He is a true professional, skilled at team-building, and with a great knowledge of conflict resolution.
Alexey has been with Cryptopay almost since its inception. A dedicated compliance officer, he holds an exhaustive understanding of the field and always makes sure that our service is compliant with industry standards and regulations.
The newest member of our team, Pavel is experienced in technical product marketing as well as brand strategy development. Prior to joining Cryptopay he drove acquisition campaigns for some well-known brands such as MediaCom, Unicredit Bank, Subway, and Radisson. We’re happy to have him and we know his skillset will only further improve Cryptopay.
Tom has a background in managing multiple high-value accounts, and a thorough understanding of using events and marketing for brand building. Tom, joining our team last November to work on our B2B merchant processing services, was the exact complement we needed to further this aspect of our service.
Misha has been working for over 10 years in various design positions, including 5 years of experience as an art-director at several advertising agencies. Tapping into his knack for art design and broad work background, he’s been the creative force making the design of our site clean, user-friendly, and easy to navigate.
Artem joined us a nearly a year ago, and since he began managing our mobile team, we’ve seen our Android app launch to great success. As a result of his work, we can confidently say both our iOS and Android apps are the best in the industry. Not to mention he was the one behind our user favourite, CPay Miner game.
The bitcoin payment gateway was the first product released by Cryptopay. We began providing merchants with the ability to accept and send bitcoins without the risk of actually holding bitcoins. Most merchants use our API and SLA guarantee, and we continue developing features to meet their specific needs to this day.
The Cryptopay wallet is the core product that laid the foundation for all of our services and products. In 2015 we began offering a wallet that has a simple exchange service. To make it even more convenient, we began offering FLEX accounts and instant exchange options. Whenever a user sends bitcoins to one of these fiat-denominated wallets (GBP/USD/EUR), it is instantly converted into the corresponding currency, and there's no need for additional manual operations.
The Cryptopay prepaid card was launched in early 2016 and was one of the first digital currency cards on the market. At that time, the card was the first real tool that brought bitcoin to the mainstream. It allowed any bitcoin holder to spend their coins, online or otherwise anywhere traditional payment cards are accepted. Paired with the digital wallet, it allowed users to utilise their bitcoins in day-to-day life.
This first generation of prepaid cards successfully served our users until early January 2018 when WaveCrest, Cryptopay's card service provider, lost its Visa licence.
The iOS and Android apps that allow users to utilise our services on the go.
In 2017 we started doing business with a new card issuer and developed the second generation of our prepaid cards. Acting as the programme manager, we were registered with the card scheme and certified it under PCI-DSS. The second generation of cards was completely redesigned. Not only did we update the physical design, but we also improved the functionality of the card, and it was backed by a new technology stack.
After a great start and initial roll-out of the new cards to all Cryptopay users in Q4 2017, we were unfortunately forced to shut this programme down due to a disagreement with the BIN provider.
A gift card for your family, friends, or yourself, backed by bitcoin. They were available for UK residents for use at seven retailers: Amazon, Nike, Debenhams, Tesco, Starbucks, Costa Coffee, and Jet2holiday. The program has stopped its run in May of 2018, and we have moved on to develop new products.
After linking a credit or debit card of their choice, users can buy BTC and have them almost instantly credited to their Cryptopay account. With competitive fees and the option to buy bitcoin using GBP, EUR, or USD, effectively giving users two ways to get bitcoins through our service.
We now support LTC in our digital wallets. LTC is the second cryptocurrency to be implemented by Cryptopay.
Soon after the release of our LTC wallet and exchange, we began providing users with the option to buy LTC directly with a linked credit or debit card. It works exactly like buying BTC with a bank card.
We now support XRP in our wallet as the third cryptocurrency supported by Cryptopay.
Users are able to link a credit or debit card and buy XRP it will then be credited to your Cryptopay account.
The newest solution for buying cryptocurrencies through Cryptopay. Verify your identity and purchase BTC or ETH all from the same page within a matter of minutes.
You can now buy ETH with your credit or debit card and it will be credited right to your Cryptopay account.
ETH wallet and exchange.
ETH is now fully supported in the Cryptopay wallet.
Cryptopay now supports prepaid cards that are available for citizens and residents of the Russian Federation. Cardholders have the ability to convert supported cryptocurrencies and then spend and withdraw EUR, USD, or RUB anywhere around the world.
Card service software for the new card programme integration.
Initial contacts with 3 new card issuers.
NDA and letters of intent to start business operations.
Meetings with heads of finance, compliance, operations, as well as senior business development executives. Unofficial approvals of our business model with card providers in Europe, the Russian Federation, and SE Asia allowing us to begin card service integration.
Agreement with card manufacturer and receipt of first plastic cards samples. Contract with DHL, allowing deliveries worldwide.
Agreement with our issuing bank to issue some of the first prepaid cards in the Russian Federation.
Multi-tenancy support for the card programme software making the programme adaptable for use by multiple card providers simultaneously.
Official approval by the card issuers.
Cryptopay fully discloses all fees for users. A major benefit for users is that there is never any risk or shortcoming of transparency.
If you are an investor that is searching for a good investment option, then you may be interested in hearing what Cryptopay has to offer.