U.S. Issued Bitcoin Debit Card Launched by Shift

Bitcoin debit cards combine the best of both traditional and digital currency systems. The ease of swiping the card at a PoS, as it has been done for decades is now combined with the advanced digital currency of this generation. Bitcoin debit cards are one way of paying for goods and services at any place with a PoS machine irrespective of whether they accept digital currency or not. Coinbase now offers the same convenience to its customers with the newly launched Shift Card. The new Shift bitcoin debit card was launched earlier on Friday by Coinbase, the leading bitcoin wallet and....

Coinbase has introduced the first U. S. -issued bitcoin debit card, the Shift Card, in partnership with Shift Payments. The Shift Card is a Visa debit card that currently allows Coinbase users in 24 states to spend bitcoin both online and at physical points of sale at more than 38 million merchants worldwide. "Merchant adoption has come a long way over the past few years, but it's still difficult for people to make regular purchases with bitcoin," notes the Coinbase announcement. "Buying gas at a local gas station or groceries at a neighborhood grocery store with bitcoin has not been....

A debit card that combines cryptocurrency, loyalty points and fiat money could soon be a reality thanks to Californian startup Shift Payments. Shift's card, currently only compatible with bitcoin and ripple, is in the process of being tested by 100 participants in San Francisco Bay and beyond, according to TechCrunch. Shift's hybrid debit card. The Y Combinator startup began working on a prototype debit card last year. By November 2013 the team had produced a card that could let users spend funds from their Ripple accounts. Since then Shift has also added bitcoin integration via Coinbase.....

Coinbase has introduced what it claims is the first U. S. -issued bitcoin debit card, the Shift Card. This is a VISA debit card that allows Coinbase users in 24 U. S. states to spend bitcoin online and offline at more than 38 million merchants worldwide, the company announced on its website. Coinbase noted that merchant adoption of bitcoin has increased in recent years, but it's still difficult for many people to make regular purchases with bitcoin. Purchasing gasoline or groceries at local outlets has not been possible in most U. S. cities. The Shift Card now makes this possible. How To....

Coinbase launched its Bitcoin debit card to much adoration by crypto-currency enthusiasts. Shift Payments, a fintech company, will issue the card, which enables Coinbase users in 24 US states to spend bitcoins online and offline at more than 38 million merchants across the globe. To receive a Shift Card, you can order it from Coinbase. You will be asked to provide an address and a $10 issuance fee, payable in bitcoins. There are no fees on domestic transactions beyond the initial $10 issuance fee for a limited time. Coinbase’s fee schedule can be found by clicking here.