E-Wallets Ready for Cryptocurrency Primetime

NEW YORK - June 6, 2019 - PRLog -- Looking to expand the boundaries of online shopping and money exchange,
Passfeed has consistently sought to capitalize on consumer frustrations while shopping on conventional websites. The dream is simple: people should be able to shop, save and share deals without having to deal with credit cards or pay banking fees. Along with a robust shopping experience, Passfeed's ever expanding offerings include virtual debit cards, gift certificates with merchants like Best Buy, Macy's and Starbucks, ETF's and even exclusive incentive cards.

Technology giants Amazon, Google and New York City startup Passfeed are set to become the primary converters for adding digital currency, including bitcoin, into their own corporate scrip. This cryptocurrency competition comes from companies releasing proprietary digital dollars. Several businesses are aiming to ensure that assets remain in their ecosystem in this shift of processing transactions with cryptocurrency.

Startup Passfeed introduced its digital wallet to the US for its e-Commerce customers through its App. The social shopping App processes transactions in several peer-to-peer digital currencies while securing account data. App users are rewarded for shopping through Passfeed by earning iPoints towards future purchases.

Businesses that process bitcoin transactions are just the tip of the iceberg. Digital currency is making inroads nearly everywhere, including social media, as Facebook is stepping in to capitalize. The shift will give social media users an immersive social shopping experience.

Startups and established technology titans offering digital wallets are slated to become embedded in business-to-business dealmaking by becoming the must-have converter in an ever-increasing digital world.

About Passfeed

Passfeed was founded in 2018 by Richard Wang, a start-up entrepreneur with several well-timed exits. Influenced by the business models of Wish.com, Amazon and Aliexpress this upstart start-up provides an exciting shopping experience uniquely paired with a robust digital wallet.. Users are able to choose from over 1.5 million of the most trendy fashions, incredible household gifts and even electronics. Building on the social nature of online shopping, consumers can shop, save and earn Rewards and iPoints just sharing with friends and relatives - all within the user friendly App.

You can learn more about Passfeed by clicking on the website link here (https://www.passfeed.com/index.php?route=common/home) or downloading the App for free here (https://itunes.apple.com/us/app/passfeed-local-shopping-app/id897068725?mt=8) on your Android or iOS device.

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If you would like more information about this topic, please call: Dennis Sary, Marketing Director at (929) 332-2099, or email at dennis@passfeed.com.