Cash-Back VS Bitcoin: Why Bitcoin can be Superior
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....
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Bitcoin, while the most superior current basic cash, is an evolution upon those that society has already utilized — but what is basic cash?
Venmo, a Paypal service, has introduced the “Cash Back to Crypto” feature to allow credit card customers to automatically buy four types of cryptocurrencies with their cash back without incurring transaction fees. Cash Back to Crypto on Venmo Payments giant Paypal announced Tuesday a new feature on its Venmo platform called “Cash Back to Crypto” that enables Venmo credit card customers to “use monthly cash back in their Venmo account to auto-purchase cryptocurrency of choice, with no transaction fees.” The announcement details: Starting today, Cash Back....
The Atlanta-based crypto payment services company Bitpay has announced that Bitpay’s prepaid cardholders are eligible for cash back rewards if they use their card with participating retailers. The rewards feature stems from Bitpay’s partnership with Cardlytics and cardholders can get up to 15% in cash back rewards on purchases from the service from thousands of retailers. Bitpay Partners With Cardlytics to Offer Cash Back Rewards to Bitpay Card Users Shopping at Select Merchants On Wednesday, Bitpay announced that the crypto payment firm has partnered with the publicly-listed....
Lightning transaction app Strike has announced cash back rewards for users, granting them returns on purchases thanks to Lightning Network efficiency. The post Strike Announces Cash Back, Letting Merchants Pass On Lighting Network’s No-Fee Benefits appeared first on Bitcoin Magazine.
A society without physical money is already becoming very apparent in our world. Most people do not use cash or checks like they used to 20 years ago. Currently, there is only 8% of hard physical cash represented in the world, and the rest of our money is pure digits. It’s not hard to see that this is a reality as people use mobile banking, debit cards, and online payments. People can go for quite some time without using cash at all this day in age, and it’s increasing in popularity every day. So within the cashless environment that’s growing globally what are the choices available to....