Gift Off: The Easiest Way to Buy Gift Cards with Digital Currencies Ventures into Irish Market
Gift Off is based in the United Kingdom and was originally launched in November of 2013 by developer Rusty Nash under the name Pockio. The initial purpose of this service was Rusty’s aim to make Bitcoin more useful for Bitcoin consumers in the UK by selling Amazon gift cards. There was a massive demand for a business like this at the time as there wasn’t very much you could spend Bitcoin on apart from web hosting and soap. After such a great demand for their services Pockio launched properly in February 2014 offering a wider variety of gift card options, only this time you could use....
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Bitcoin is a booming business in the United Kingdom, assuming one knows how to play their cards right. Gift Off, a company specializing in selling gift cards for Bitcoin, recorded an all-time high turnover in February of 2016. Cryptocurrency enthusiasts in the United Kingdom will have heard of Gift Off before, as this Norwich-based online shop sells gift cards in exchange for Bitcoin payments. Up until this point, the company has sold close to GBP2.1m worth of gift cards, of which over GBP200k was processed last month. Considering how Gift Off is focusing on various gift cards, it seems....
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.
Gyft, the app that enables you to “buy, send, and redeem digital gift cards” and pay in bitcoin has now added Starbucks to it’s list of over 200 retailers. Gyft’s story begins at TechCrunch Disrupt SF in 2012 where the company launched with the ambitious goal of becoming “the mobile gift card mall for consumers” and taking the then $100 billion market for plastic gift cards and moving it to the digital realm. Plastic gift cards cause problems for consumers and for merchants. Consumers often forget or lose gift cards and end up not using them. Unused gift cards are a pain for retailers....
Gift Off which specialises in offering gift cards in exchange for over 27 different digital currencies has just this week added another fifty options to their range of over one hundred and eighty gift cards already available, as well as expanding their operations into another few European countries. They are leading the way in the United Kingdom in regards to making it easier for users to spend their Bitcoins, Litecoin, Dogecoin, Dash as well as over twenty other digital currencies on day to day items. Some of the names of the big brands they have added to their already impressive....
Gyft Cloud is a cloud-based digital gift card solution. Gyft is pretty well-known in the bitcoin world. The service allows users to purchase digital gift cards with bitcoin or credit card for hundreds of retailers. Users can also upload their plastic gift cards to their Gyft wallet so that cards can be stored securely and retrieved anywhere with an Internet connection. And now, Gyft is expanding its services to merchants with Gyft Cloud - “the ultimate mobile gift card solution.” “Offering plastic gift cards can be cost prohibitive and an operational nightmare for small to mid-sized....