Bitcoin Debit Cards help UK Consumers Buy Low & Spend High
Bitcoin debit cards have serious potential at being a massive player in bringing in new adopters to the digital currency ecosystem. Of all the new protocols and products that has entered the market over the last twelfth months, it is the one that I have witnessed most naysayers and those on the fence take most notice off. Consumers and merchants alike seem to be creatures of comfort when it comes to ways to pay and receive payment for their products and an old familiar name like Visa or MasterCard attached to a debit card gives them a seemingly false sense of security to use and accept it.....
Related News
One of the more common ways for consumers to spend Bitcoin is by buying gift cards from various retailers and outlets. Popular Bitcoin gift card services will often offer a small discount on every purchase. Giving consumers an extra incentive to spend digital currency. A recent survey by CardCash shows how Starbucks gift cards are a clear fan favorite, whereas Visa Gift Cards are far less preferable. Most of these trends seem to correlate with how consumers would spend USD balances on gift cards, though.
Bitcoin debit cards have become more popular over the past two years with various choices on the table for consumers to choose from. Cards enable a user to load the account with bitcoin reserves and spend the funds where major credit cards are accepted. Bitcoin.com decided to review two popular bitcoin debit cards that are currently available to....
Unreasonably high card fees continue to be borne by retailers and ultimately by consumers. Merchants are paying billions of dollars to have issuers process their debit and credit card transactions. The high transaction fees issuers charge retailers is despite the 42 percent cost reduction card issuers have achieved over the past five years. Another issue....
With multiple Bitcoin debit cards in existence today, companies have a hard time distinguishing themselves from one another. E-Coin, one of the lesser known Bitcoin debit card providers, recently introduced cards for EUR, USD, and GBP denominations. Doing so removes any conversation rate fees associated with their previous cards, and makes it easier to spend Bitcoin. When E-Coin launched its service in early 2015, it became quite clear this company meant business in the Bitcoin space. By offering customers a convenient way to spend Bitcoin wherever credit cards are accepted, E-Coin was....
One of the hottest tools to mainstream Bitcoin adoption is slowly being rolled out across the international consumer market: the Bitcoin debit card looks set to inject some serious convenience into transacting with digital currency. As promised, and fresh off of the release of the ANX debit card, CoinTelegraph is here to bring you a review of all the major BTC debit cards available on the market right now. Making international payments with fiat debit cards has never been cheap. Banks have been routinely slammed for their unscrupulous fees, which include high rates of commission, poor....