July 25 (SeeNews) - UK-based digital wallet provider Skrill, part of Paysafe Group, said it has launched a service for purchasing and selling cryptocurrencies in four countries in Southeastern Europe - Bulgaria, Croatia, Slovenia and Greece.
"At this stage, customers will only be able to buy and sell interests in cryptocurrency and will not be able to transfer their cryptocurrency holding to other Skrill customers or use it to transact with merchants. This service will be added in the future," the company noted in a statement.
The new cryptocurrency capability which will include Bitcoin, Bitcoin Cash, Ether and Litecoin, has been launched in over 30 countries worldwide.
In the next few months, Skrill plans to launch the service to additional markets and to extend the service to its mobile application.
"The world of cryptocurrency trading is exciting and dynamic, and our digital wallet service very much lends itself to this environment. I’m confident that the ability to trade in cryptocurrencies quickly and easily through Skrill will appeal to consumers both now and in the future," Lorenzo Pellegrino, CEO of Skrill, NETELLER and Income Access, said in the statement.
Isle of Man-registered Paysafe is a global provider of end-to-end payment solutions. Its core purpose is to enable businesses and consumers to connect and transact through payment solutions such as digital wallet, card issuing and online cash solutions.
The company's largest office is in Bulgaria's capital Sofia and has 1,200 employees.