Bitwala seeks to create a "bank of the future", which will enable people to exchange values in the same way as they exchange ideas - globally, instantly and at minimal cost.
Bitwala is a web browser wallet with multiple additional features like a debit card that goes hand in hand with the wallet and built-in trading facilities. It also provides a convenient way to manage pay bills, send bank transfers and top up your Bitcoin prepaid card all in one place.
Bitwala uses multi-signature technology to ensure that users have control over their funds. Bitwala offers a low 0.5% fee for SEPA and SWIFT transfers allowing users to pay bills with Bitcoin and send money in 20+ local currencies.
The primary task for Bitwala is to work hard with the WaveCrest payment service to recover the funds of users and companies whose accounts are also blocked.
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