NYC Newsstand Chooses Bitcoin Over Credit Cards
A newsstand located in downtown New York is now accepting bitcoin for purchases. The owner, identified in a newly posted YouTube video as Kay, says he is the first newsstand in the city of 8 million to take the virtual currency. Kay's stand, located on 34th street and 2nd avenue, sells typical newsstand fare, including: cigarettes, prepaid phone cards, magazines and snacks. Perhaps the most noteworthy aspect of the business, however, is that Kay accepts bitcoin, but does not take credit cards. He explained: "I think it's riskier dealing with credit card companies than it is with bitcoins.....
Related News
Credit cards are one of the most common payment methods around the world, yet they are also one of the least secure forms of payment. There is no other payment method in history suffering from such a high rate of fraud and chargebacks, as these cards were never intended to be used for online payments. Several banks have issued a new version of their credit cards, which should make them more secure. Whenever someone holds up a credit card, there will be a plastic-looking chip on the left side of the card. This chip is designed to be read by credit card processing terminals all over the....
Online casinos accept different methods of payment for making deposit when registering as well as for withdrawals. It is really up to individual user to decide which method of payments is the best for its individual needs. Keep on reading to find out some important info about few most common methods of payment in online casinos to make the best informed choice. Credit Cards as a form of payment in online casino. Credit cards are the most often used and accepted method of payment in online casinos no matter where they are registered. Credit cards are accepted as a method of payment in all....
The plans to add crypto to credit cards impressed the community. With such additions, users can access credit facilities in crypto for payments or other activities. A credit card is one of the fastest means of accessing money for payments. Many countries operate a cashless economy whereby debit and credit cards reign. But according to […]
Cryptocurrency exchange 247exchange recently announced that they would accept bitcoin withdrawals to both credit and debit cards. This is great news for the exchange as it becomes one of the few to accept this type of funding method. However, like most bitcoin exchanges that use this withdrawal method, the fees are higher than usual, and it may not be useful for those who are withdrawing a large amount of money. 247exchange is managed by InterMoney Exchange, and the new withdrawal method works with both MasterCard and Visa cards. Last year, 247exchange started accepting the purchase of....
One of the top exchanges in the cryptocurrency space, BTC-e, has announced today that they're allowing traders to withdraw funds to VISA or MasterCard-issued credit/debit cards. According to the exchange, the withdrawal method can be done "in any country and in any currency", but notes that all transactions take place in U. S. Dollars, meaning that if a cardholder's card does not go by USD, it will be converted as per the VISA/MasterCard (or bank) rate. While most users should not have any issues, BTC-e warns that MasterCard Maestro and VISA Electron cards are not supported by their payout....