Gyft Forced to Abruptly End Walmart Gift Card Support
Mobile gift card provider Gyft has announced via an email to its customers that it no longer offers users the ability to purchase Walmart gift cards on its platform. Gyft, which accepts bitcoin and provides 3% 'Gyft points' back to digital currency buyers, added the US retail giant to its network on 24th March to great fanfare, as Walmart was long one of the most requested retailers by Gyft users. The company informed customers of the change in its offerings via a 14th April email. Read the message: "Due to circumstances beyond our control, we need to remove Walmart from our list of....
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3 weeks ago, I had the pleasure of writing an article I'd dreamed of writing for months and months on end. Gyft Adds Walmart Gift Cards!! Alas, all good things are not meant to last. For the last 3 weeks, Bitcoiners around the country have had the pleasure of buying Walmart gift cards with Bitcoin, receiving 3% back in the form of Gyft points, and in essence spending Bitcoin at Walmart on gas and groceries. Making Bitcoin a cheaper option to buy gas has been a long standing dream of the Bitcoin community, this was the first step towards realizing that dream and said step has now been....
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....
Been too busy during this shorter work-week? Before you dive headfirst into the long weekend, check out our biggest news headlines from the last seven days: Bicoin price tops $500 as China fears subside: It had been rumoured for a couple of weeks that People's Bank of China had issued a deadline for all banks in the country to cut-off bitcoin exchanges. The 15th April deadline came and went and it was business as usual, at least for BTC China. The price of bitcoin rose back up past $500 mid-week following this news. Gyft no longer offering Walmart gift cards: Mobile card provider Gyft was....
San Francisco-based mobile gift card app provider Gyft officially added US retail giant Walmart to its merchant network on 24th March. The company took to Twitter to release the news that the largest physical retailer in the US, which earned more than $325bn from its US retail stores in 2012, and garnered more than $460bn in sales worldwide that year, had been added to its service. We are so so so so excited to announce that @Walmart is finally on gyft! Enjoy Gyfters! #shopyourwalmartheartsout http://t.co/VHMj7eUhh4. - gyft (@gyft) March 24, 2014. Speaking to CoinDesk about the news, Gyft....
Earlier today, Gyft revealed their own Gyft gift card on the Gyft network of over 200 retailers. Gyft accepts Bitcoin right alongside typical centralized payment processors such as PayPal, Google Wallet, VISA, Mastercard, etc. For over a year, Gyft has been "showing-by-doing" the efficacy of adding bitcoin acceptance to any business model. Without chargebacks and lengthy wait times, Gyft is able to offer 3% off to customers paying in Bitcoin. This new general purpose Gyft card will allow you to "Give the Gift of Gyft." The Gyft Card is redeemed online via its unique promo code whenever the....