With last month’s Cashila upgrade we added the RECEIVE money feature. Due to this, you can transfer money to your Cashila Euro Wallet yourself or receive third-party deposits. It is something that got extremely good reception throughout the community, even though the execution wasn’t yet at its finest. Thanks to you, we are constantly learning and improving our service. Today we are presenting the tweaked version.

Receive a euro payment

For the payer the process will stay exactly the same, just like paying euros to a regular bank account. All you have to do is give your employer or the company you work with your Cashila payment details and you are ready to start.

How to

  1. Open an account with Cashila
  2. In the Dashboard go to RECEIVE
  3. Choose a SEPA payment – Make a EUR deposit or request payment
  4. Enter the amount you want to receive
  5. Optionally label your payment (for your records only) 




  6. Click NEXT
  7. Provide the employer or payroll source with the payment information (amount to send, reference number and IBAN bank account number) – via email or PDF

    Receive_2

  8. Euros arrive to your account

Once you receive your payment you can keep it in euros or go to bitcoin straight away. You decide how much of your payment goes to bitcoin and how much you want to keep in euros. Go to PAY/SEND feature and choose Make a transfer to a bitcoin wallet, enter the amount you want to send and the receiving Bitcoin Wallet address.

Receive a bitcoin payment

If someone wants to pay you in bitcoin, but you prefer euro, here is a solution for you both. You accept their bitcoin payment, which turns to euro as soon as it hits your Euro Wallet at Cashila. You can also use this when you want to transfer some of your bitcoins to your Euro Wallet.

How to

  1. Open an account with Cashila
  2. In the Dashboard go to RECEIVE
  3. Choose bitcoin payment – Receive bitcoins (automatically convert to EUR)
  4. Enter the amount you want to receive
  5. Optionally label your payment (for your records only)

    Receive_btc_1

  6. Click NEXT
  7. Provide the payroll source with the payment information to send your pay to your Euro wallet (send from a wallet to a wallet, via QR code or via Trezor)

    Receive_btc_2

  8. Euros arrive to your account

Your bitcoins will turn to euros as soon as they hit your Euro wallet. In case you want to exchange some of it into bitcoin, you can do that in a second. Go to PAY/SEND feature, choose Make a transfer to a bitcoin wallet, enter the amount you want to send and enter receiving Bitcoin Wallet address.

So, this is a faster and cheaper version of banking as we know it. Your version.