GoldMoney announces the launch of automated savings and payments tools for the BitGold platform. The BitGold platform, a self-directed savings platform and payments network, continues to add new tools and features never before available in the consumer gold market, driving innovation by increasing access, lowering friction, and increasing the utility of gold as a form of savings and as universal payment medium.
Now available to BitGold clients, recurring payment tools are designed to increase the functionality and engagement for both savings and payments segments. The recurring savings tool, BitGold’s “Gold that Grows” program, is an automated deposit feature that allows clients to pre-define an accumulation plan set on a daily, weekly, or monthly schedule.
Clients can choose from multiple funding sources, including ACH bank transfers and credit cards, and create a self-directed, auto-accumulating gold savings plan through the platform. The recurring payments tool allows users to plan and schedule recurring gold payments anywhere in the world.
BitGold payments are a free, instant way to transfer value anywhere in the world, ideal for cross border transactions, connecting family savings across borders, or for internet service payments to or from jurisdictions with illiquid currencies or high fee foreign exchange or banking services fees. With a recurring payment plan, clients can standardize periodic cross-border payments and transfers, increasing the BitGold network utility.About
GoldMoney Inc. is a global, full-reserve and gold-based financial services group. GoldMoney provides financial services as a trusted, limited third-party, combining the unique attributes of gold with technology-driven innovation. Through GoldMoney® the company offers precious metals custody and wealth services, trading and execution, and independent research to individual investors and institutions.
Through BitGold™ the company operates a self-directed savings platform and a payments network allowing individuals and businesses to make or receive online, in-store or mobile payments. GoldMoney Inc. has over 275,000 clients from over 200 countries and $1.5 billion in client assets under administration. GoldMoney is regulated by the Jersey Financial Services Commission (JFSC) as a Money Services Business.
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