Interview with Xapo: Bitcoin debit card!
For the industry to grow, Bitcoin companies must make the currency easier to use and understand. A debit card is familiar to millions of people. Breaking down these barriers to entry speeds up the network effect of Bitcoin for everyone and drastically changes the lives of the unbanked in the world. Bitcoin is going to be a global payment network and the responsibility is on Bitcoin companies like Xapo to create the infrastructure and tools necessary to enable people to experience the true advantages of the currency. To date, this is has been extremely challenging and what we certainly view....
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XAPO Cat is watching you... You may have heard about how XAPO is charging excessive previously undisclosed fees on their Xapo Debit Card, but what you may not know is that they will reimburse you for the third-party monthly fees, in Bitcoin! Though, aside from the $15 shipping fees, XAPO included a few other hidden fees they consider to be "customary fees just as with any other debit card." XAPO Debit Card Fees. XAPO has been under a lot of PR stress lately as they released the fee schedule from their debit card supplier. On August 4th, XAPO posted an update on their news feed which stated....
Xapo’s goal has been aspiring for us from the first sight: Making bitcoin more popular. It is something we work for every day. You can imagine how excited we were when we received the new debit card. Xapo launched in March 2014 with the Bitcoin wallet and cold storage vault. In April of this year, Xapo announced the addition of its debit card. The new Xapo card syncs with the Xapo Wallet. “We are focused on making bitcoin more secure and safer and making it easier to use, the debit card is something that our customers have requested. You just have one card that you can use everywhere....
Xapo: Making Bitcoin Easy & Accessible For All. We have all been waiting and waiting for Xapo's Bitcoin Debit Card and according to Ted Rodgers, the Chief Strategy Officer at Xapo, our wait will soon be coming to an end. In fact, the first shipment of debit cards went out on July 29, 2014, so many of those who pre-ordered, should check their mailboxes this afternoon. The Xapo debit card is the world's first Bitcoin debit card that is tied to your wallet balance. The card acts as a seamless extension of your Xapo wallet and allows Bitcoin holders to spend their bitcoins at any merchant that....
Upon the interests of those that have awaited for the highly anticipated bitcoin debit cards of Xapo, the multi-million dollar startup has finally begun shipping its cards internationally. However, in correlation to its launch, Xapo has announced that the cards cannot be shipped to the United States, and cannot be used by its residents. "Unfortunately, Xapo cannot issue nor ship the Xapo Debit Card to users who reside in the following countries: United States Minor Outlying Islands Uzbekistan Vanuatu Venezuela Vietnam Virgin Islands, U.s. Wallis And Futuna Western Sahara Yemen Zambia....
Following months of anticipation, some of Xapo's global customers, including the CoinDesk team, received the company's bitcoin debit card last week. Though bitcoin debit card offerings have been on the market for some time, Xapo's product is unique in that consumers can make payments and withdraw money straight from their bitcoin wallets, rather than needing to load the card first. As such, excitement was predictably high for the Xapo Debit Card's release, with many bitcoin users lauding the initial announcement on 24th April. Enthusiasm remained strong, even as Xapo lost support from its....