Circle is a Social Payment platform that is launched in UK. It supports Bitcoin Wallet, US Dollar and UK Sterling. Users can transfer funds around 150 countries in the world.

Circle is a Social Payment started by Jeremy Allaire who had also found Bitcion Wallet. Digital Wallet is the easiest way to share and transfer money. It has given a secure choice other than using plastic money. Circle target the social sector letting friend to share money by splitting bill, send money to other people around the globe.

Circle is an innovative startup compared to existing digital wallet. It simplifies money transfers among 150 countries around the globe. This is done with the help of Bitcoin. This digital currency is integrated with the wallet system. The added money can be stored in Bitcoin Wallet and later on converted to US dollar or UK Sterling.

As per the founder this is a new way keeping blockchain in the loop. The startup aim to build a single platform for easy money distribution over internet. Bitcoin is the only open source P2P money. But this currency was also in controversy when launched. Slowly different countries and banking system are ready to identify it and provide a return value on it depending on the law. Many countries officially identify Bitcoin as money but not a legal currency.

This can put a bit impact in usage of Circle digital wallet. Circle has support for UK Sterling that add support for money transfer between US Dollar to UK pound as per needed by the end user. The user can also opt for Bitcoin payment. The social payment system provide more features like easy signup, gif messages with money, no charges on money transfer, a good customer service team, etc.

Takeaways:

• Circle is founded by Jeremy Allaire. He is also the founder of Bitcoin Wallet.
• Circle is a social payment platform that integrated Bitcoin Wallet and supports UK Sterling and US Dollar.
• Circle offer hassle free money transfer around 150 countries in the world.