CoinCorner Now Accepts Debit and Credit Cards for Bitcoin Purchases
British bitcoin exchange CoinCorner now allows clients to purchase bitcoin and some altcoins with debit and credit cards. The feature went live yesterday, making CoinCorner one of very few places in the British Isles to accept direct card payments for cryptocurrency. Bittylicious, a similar exchange, launched card payments back in May. Traditional bank transfer methods are still on offer for users who do not wish to rely on cards to deposit funds with CoinCorner. Charlie Woolnough, CEO of CoinCorner, told CoinDesk that there are some limitations to the service, however: "We accept credit....
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Many of you may be familiar with services offered by payment processors such as Neteller in which you can create a virtual credit card and use said card for online purchases, anything that would not involve presenting the card in-person. Well, E-Coin is bringing the same feature into its bitcoin debit card service. If you want a bitcoin debit card to use solely for online purchases or Paypal, this is the way to go. You skip the necessity of waiting for your card to arrive and can start using it immediately. E-Coin uses BitGo multi-sig for security. The team at E-Coin has made it clear that....
Bitcoin is fighting an uphill battle against the current financial ecosystem, and that ecosystem is fighting tooth and nail to keep its dominant position over alternative payment methods. Whereas financial institutions can offer customers a cash-back service for every purchase, Bitcoin users can not enjoy a similar service at this time. It is important....
Virtual currency company Coinbase has announced that to buy Bitcoin, now users can use 3D Secure enabled credit and debit cards. This facility can be availed, at present, by its Spanish and British consumers. The 3D Secure feature works by enabling the two-factor authentication that will be used for making purchases with credit and debit cards. In its announcement, the company has also given out directions, by following which, a consumer can procure Bitcoin easily. The directions read: "To get started, sign in and visit the payments method page. Click "Add Credit / Debit Card" to add your....
Bitcoin debit card provider E-Coin is taking part in the highly anticipated Bitcoin Black Friday event. The company will offer its Bitcoin debit cards at a 40% discount for 48 hours Normally, an USD-denominated debit card from E-Coin costs $17 USD with standard shipping. During the two-day Bitcoin Black Friday sale, the same card will be available for $10.20 USD with standard shipping. The E-Coin debit card is hosted by MasterCard, allowing people to use their cards at any store or ATM that accepts regular MasterCard debit and credit cards.
Cryptocurrency exchange 247exchange recently announced that they would accept bitcoin withdrawals to both credit and debit cards. This is great news for the exchange as it becomes one of the few to accept this type of funding method. However, like most bitcoin exchanges that use this withdrawal method, the fees are higher than usual, and it may not be useful for those who are withdrawing a large amount of money. 247exchange is managed by InterMoney Exchange, and the new withdrawal method works with both MasterCard and Visa cards. Last year, 247exchange started accepting the purchase of....