Bitstamp Enables Bitcoin Purchases Through Plastic Cards In UK And Slovenia
Bitcoin exchanges around the world have been looking at various ways to make the purchase of digital currency much easier for novice users. Instant bank transfers are not available in every individual country, but credit and debit cards are widely accepted. Bitstamp has enabled support for residents in the UK and Slovenia to buy Bitcoin with these traditional payments. It goes without saying that enabling payments through credit and debit cards could be a risky move on Bitstamp’s end. Both of these payment methods are often linked to fraud and chargebacks, which could be of particular....
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Bitstamp recently announced that customers in Slovenia and the United Kingdom would be able to buy bitcoin using MasterCard and Visa credit and debit cards. Two new major countries now join that list. Bitstamp has revealedtoday that users in Germany and Italy will be able to buy Bitcoin instantly by using their credit or debit cards. The new option to buy bitcoin through Visa or MasterCard comes via a Canadian payment processor, Vogogo. There are limits to buying bitcoin with plastic cards, however. Currently, users will only be able to buy less than 1 BTC in a day, with a $300 daily....
Plastic cards are often considered to be the next evolutionary step in the world of payments. More and more countries are moving away from cash transactions whenever possible, and it only seems to make sense for plastic cards to take their place. However, there are still a fair few drawbacks to plastic cards, and the PNC issue highlights what happens when cards are not working. Imagine standing in line at the counter, waiting to pay with your PNC Bank Card, and getting the message how your card can not be used at this time. That is the feeling many PNC Bank customers are experiencing....
Bringing additional security to the payment sector is a tough battle as there are so many hurdles to overcome, especially when it comes to plastic cards. The introduction of EMV chips to plastic cards seemed to be a major step in the right direction, but as it turns out, EMV transactions can be disabled, forcing merchants to swipe the card. The....
September 6, 2021, Embily, one of the fastest-growing blockchain payment gateway platforms, has announced the official rollout of its virtual and plastic debit cards globally. The crypto-friendly cards will allow users to convert their crypto to fiat currencies to spend online or in-person merchants. Embily debit cards enable users to make online transactions within seconds. […]
Shake, the service that creates VISA debit cards you can load with bitcoin, is opening beta testing to the public. A bunch of new features is also on the way to complement the service. Tap-and-Pay, Plastic Cards, All With Bitcoin. Shake is launching the open beta after a successful six-month alpha testing period. Famously, the test saw BitGo engineer Mason Borda order a Tesla Model 3 using a virtual Shake card for the deposit. The Canadian company currently offers apps for Android and iOS. Users with NFC-enabled phones can also use them to make tap-and-pay payments at store terminals.....