131 Countries: BitPay Goes International With Bitcoin Prepaid Visa Card

Want create site? Find Free WordPress Themes and plugins.

BitPay is expanding its prepaid bitcoin card offerings to more than 100 new countries.

Unveiled today by BitPay chief commercial officer Sonny Singh at Consensus 2017, the Visa-branded offering enables users to top up BitPay Cards with dollars using cryptocurrency, which can then be spent as euros, British pounds or US dollars at merchants around the globe.

“This will be the first prepaid debit card that will be available in 131 countries,” BitPay CEO Stephen Pair said in interview.

As such, the announcements marks perhaps the boldest execution on an idea that has been pursued by bitcoin-focused startups since 2014. But while early attempts at executing on the idea were met with setbacks, Pair said its partnership with Visa would ease issues.

Pair continued:

“This is about as broad as you can go with bitcoin cards. It’s really putting the card out into a far-reaching population.”

So far, BitPay reports that 15,000 cards from its domestic product, unveiled last year at Consensus 2016, have been ordered. Further, the startup reported that it has seen growing demand for an international version of the offering since last year.

“We have a waiting list of over 20,000 people who have asked,” BitPay marketing and communications manager James Walpole told CoinDesk. “This provides

Read more ... source: CoinDesk

Advertise on the Bitcoin News

Let's block ads! (Why?)

Powered by Bitcoin Central

Did you find apk for android? You can find new Free Android Games and apps.



0
Connecting
Please wait...
Send a message

Sorry, we aren't online at the moment. Leave a message.

Your name
* Email
* Describe your issue
Login now

Need more help? Save time by starting your support request online.

Your name
* Email
* Describe your issue
We're online!
Feedback

Help us help you better! Feel free to leave us any additional feedback.

How do you rate our support?