Close
AssetOps Toronto 2026
Future Alpha 2026

Digital Debit Accelerates Bitcoin Adoption with Release of First Real-Time P2P Payments App

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

Leave Message for Us to Get Back

Related stories

Operational Resilience in Modern Investment Management

Strengthen the core of financial stability by implementing operational resilience in investment management to navigate market volatility, mitigate risk, and ensure uninterrupted business continuity.

Future Trends Transforming Digital Investment Operations

Stay ahead of the curve by exploring the future trends transforming digital investment operations, from autonomous AI systems and blockchain settlement to the rise of hyper-personalized wealth tech.

Cybersecurity Strategies for Asset Management Systems

Protect your firm's most valuable assets by implementing comprehensive cybersecurity strategies for asset management systems that guard against data breaches, ensure compliance, and maintain investor trust.

Digital Debit Group (DDG), a division of Qondado LLC, announces the release of the Digital Debit® mobile Bitcoin payments app. The company’s utilization of the Coinbase API system with the Digital Debit® QR platform delivers the first global off-blockchain P2P mobile payments ecosystem for the growing Bitcoin user base and provides the added benefit of tokenized QR transaction codes for real-time, account-to-account transactions.

DDG believes the opportunity to build Digital Debit® utilizing the standard Coinbase API will give their QR payment system a competitive boost in the growing real-time payments space and become an instant competitor to other mobile payment apps such as Zelle, Venmo, Square Cash, and Western Union. DDG designed the Digital Debit® app with simplified features the company believes will better connect with new users, such as a single panel of operation for sending and receiving payments and the ability to personalize the app with custom background images. The company also designed an innovative visual confirmation system for successful transactions that allow the sender and receiver of Bitcoin to deal fast in rapid transaction environments such as in public venues, mobile food locations, passive donations, restaurants and courtesy tipping.

The company states that by leveraging the Coinbase API, the app will allow users to instantly purchase Bitcoin, load their linked accounts and seamlessly associate their Bitcoin values with other Bitcoin enabled products such as the Shift Visa card. Digital Debit® uses real-time Bitcoin conversions to localized fiat currencies utilizing the 1s (second) accurate Bitcoinaverage world market index to offer the best continuity with global exchanges and wallets. Bitcoin values transferred through the Digital Debit® app using tokenized QR codes exchanges payment off blockchain in real-time between Coinbase accounts. The app also supports legacy on blockchain transactions, third party wallets and cash deposit Bitcoin ATM machines.

DDG roadmap with the Digital Debit® app model includes integration with other banking platforms such as the EMVCo QR, The Clearing House Real-Time Payments, and PayPal with Qondado’s Digital Credit® brand.

“We evaluated over 10 banking APIs to build our flagship Digital Debit® app and found the Coinbase API to offer an exciting opportunity to reach a global audience” says Edward Robles, CEO of the Digital Debit Group. Robles further states, “we are delivering an easy to adopt app that hides the complexities of Bitcoin behind fiat currency values that users understand. With the assurance that users can pay and get paid using local currency translation with one globally backed store of value, we see Digital Debit playing a significant role in the adoption of Bitcoin for day to day transactions.”

Digital Debit is not endorsed by Coinbase. No formal business relationship between Digital Debit and Coinbase is implied. Digital Debit is built upon the generally available Coinbase API. Digital Debit intends to use the standard merchant tools, product and API integration to provide its products and services.

About Digital Debit Group:
Digital Debit Group is a division of Qondado LLC. Digital Debit Group paves the way for mass adoption of mobile payments and transactions via the operation of the patented Digital Debit® platform. Digital Debit® is licensed by U.S. Patents 8,402,555, 8,533,860, and 8,887,308 with other patents pending. Digital Debit Group is an active EMVCo subscriber member.

About Qondado LLC:
Qondado LLC is a Puerto Rico corporation formed under the Act 20 provision, with additional product labs in Downingtown, Pennsylvania. Qondado focuses on finding solutions to industry needs and developing consumer-friendly products and brands to accelerate opportunities for adoption.

Latest stories

Related stories

Operational Resilience in Modern Investment Management

Strengthen the core of financial stability by implementing operational resilience in investment management to navigate market volatility, mitigate risk, and ensure uninterrupted business continuity.

Future Trends Transforming Digital Investment Operations

Stay ahead of the curve by exploring the future trends transforming digital investment operations, from autonomous AI systems and blockchain settlement to the rise of hyper-personalized wealth tech.

Cybersecurity Strategies for Asset Management Systems

Protect your firm's most valuable assets by implementing comprehensive cybersecurity strategies for asset management systems that guard against data breaches, ensure compliance, and maintain investor trust.

Next Generation Platforms for Investment Operations

Revolutionize your infrastructure with next generation platforms for investment operations that provide integrated workflows, real-time analytics, and the scalability needed for the future of asset management.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

Leave Message for Us to Get Back

Translate »