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Blue Star excited by SatoshiPay potential

By BFN News | 08:00 AM | Wednesday 17 May, 2017


Blue Star Capital believes investee company SatoshiPay's user base will be broadened significantly through an extension of its service via PayPal. Blue Star owns approximately 19% of SatoshiPay which now accepts top-ups of its online wallet via PayPal. Blue Star said that although SatoshiPay's PayPal top-up service was currently in the beta stage of testing, the directors believed that this was an important development milestone and would allow PayPal users to pay for web content wherever SatoshiPay's login-less payment widget was used. It said this meant there would no longer be the requirement for SatoshiPay users to use cryptocurrencies, instead they could simply use their PayPal account to utilise the nano payment benefits SatoshiPay offered. Furthermore, it was anticipated that publishers of online products, such as blogs, would be able to monetise their following with far greater ease. Blue Star chief executive Tony Fabrizi said: "The extension of SatoshiPay's service via PayPal is an important step in the roll-out of the service and should broaden SatoshiPay's user base significantly. "We remain excited by the potential of SatoshiPay and hope to announce further developments during the course of this year." At 8:00am: (LON:BLU) Blue Star Capital PLC share price was +0.02p at 0.15p Story provided by StockMarketWire.com

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