Gyft Offers 4 Percent Points Back on Bitcoin Purchases for 24 Hours
On Christmas Eve, gift card-buying service Gyft has announced that for a short time, purchases of gift cards made in bitcoin will earn 4 percent points back from Gyft. Compare that to using a credit card (1 percent points back) and PayPal (2 percent points back). "Given the huge demand and success of Bitcoin Black Friday, we decided to repeat the promotion as a once off for the next 24 hours only (until midnight PST, Dec 25th)," says the announcement. It's interesting this would happen so late (given Christmas is tomorrow), but we reckon it's being offered as a gift to the customer themselves.
Related News
Gift card-buying service Gyft has today announced the introduction of what has been aptly named Gyft Points, a program which allows users to earn 3 percent back in points (where each point is the equivalent of one U. S. penny) in purchases going back to the first day the user originally joined Gyft. These points can subsequently be used on future gift card purchases. "If anyone has ever questioned the benefit of using Bitcoin vs a credit card - we now have an answer to that! We think this is the best rewards program available anywhere - beating all major credit card companies and we're....
Popular gift card-buying service Gyft made a splash in November of last year when they announced they would be launching a rewards program, offering 3 percent back in the form of points to customers who made gift card purchases in bitcoin. Competitor eGifter is now following suit; announcing today that they have launched a tiered rewards program. Customers using the social gifting company to buy electronic gift cards can now earn 3 percent back for each dollar they spend on over 200 brands. Like Gyft, the percentage is returned as points which can be applied to subsequent purchases.....
The day that many Bitcoiners have been secretly waiting for has finally arrived: Gyft is now stocking Walmart Gyft cards. Vinny, Gyft's CEO, announced the addition to the Gyft arsenal via Twitter and a Reddit post earlier today. We are so so so so excited to announce that @Walmart is finally on gyft! Enjoy Gyfters! #shopyourwalmartheartsouthttp://gyft.co/UiyhD4J. Walmart Gift cards, minimum $25 value, are available for Bitcoin via Gyft. Bitcoiners are now able to use Bitcoin to buy Gyft cards to spend at Walmart or Walmart's subsidiary: Sam's Club. Everything in the diaspora of consumer....
Just this morning, Gyft, Inc, the lead mobile gift card company announced the Gyft Points program to reward customers for use of gift cards. In May of this year, Gyft began accepting Bitcoin for payment back and as a result exponentially increase the growth of the number of opportunities for individuals to shop with Bitcoin. An individual is able to purchase 1 of 50,000 gift card options and as a result put Bitcoins to use. Gyft put out the following press release: Gyft Launches Rewards Platform to Give Consumers Up to 3% Back on Gift Card Purchases. Expands Options for Payment to Include....
Just this morning, BitPay, Inc announced it's newest merchant, Gyft. Gyft, a mobile gift card platform, added support for Bitcoin purchases of gift cards on the Android platform, through its partnership with BitPay Inc, the world's leading payment processor for Bitcoin. Gyft offers a mobile gift card app to allow customers to buy, store, send, and redeem gift cards on their phones. In addition to a free phone app, customers can share gift cards via Facebook. Gyft works with 50,000 physical retail locations across the USA including GAP, Lowes, Sephora, Gamestop, American Eagle, Sports....