Pressat now accepts Bitcoin payments

We are pleased to announce that Pressat is now accepting the digital currency, Bitcoin as a valid payment method in addition to Paypal and the more traditional card payments. Why not embrace and promote the digital currency by paying for your next public relations campaign with Bitcoins. It's simple, fast and fun!

Why Bitcoins?

Bitcoin is the worlds first mainstream and decentralised Peer 2 peer currency that enables customers to make instant payments without a banking system or high transaction fees.

Millions of people are already using the digital currency for various reasons including for future investments, fun or simply to make instant payments to anyone in the world without a bank.

The Pressat service goes hand in hand with the Bitcoin currency, as we are a solely digital operation looking to innovate and respond to new consumer needs in the online space.

How do I get Bitcoins?

To send and receive Bitcoins you will first need to set up a wallet. Your can do this in a number of ways. For example you can create a digital wallet, paper wallet or simply store a local wallet on your computer.

To purchase Bitcoins in exchange for physical currency such as the £, you will need to use a trusted service such as bittylicious.com (recommended) or Coinbase. Once you have completed the process you can transfer the Bitcoins to your secure wallet.

How to spend Bitcoins?

To submit a press release and pay using the Bitcoin currency simply register for a Pressat account and follow the step by step submission process from within your dashboard (as you normally would). On the last step instead of paying by card or Paypal simply click "Pay with Bitcoin" instead.

Once clicked the total due will be converted to Bitcoins at the current market rate and our merchant (Bitpay) will generate a service invoice. This invoice provides you with a Bitcoin address where you can send the requested amount using your wallet. The funds will then be transferred from wallet to wallet and your press release will be submitted for distribution!

Still confused?

Check out the video below for more details on the digital currency.