Diamond Circle Aims to Release Bitcoin Debit Card
With the coming of the Bitcoin Foundation's Bitcoin 2014 conference this week, there are sure to be a slew of announcements and product launches. One such company planning to make a splash is Australia-based Diamond Circle, who's reportedly planning to launch a bitcoin debit card solution at the annual conference, taking place from May 15-17 in Amsterdam. But unlike other recent offerings we've heard about, the use of the card will be limited to the company's own ATM devices. Of interest: the card can hold up to nine fiat currencies along with bitcoin, will be issued by Diamond Circle ATM....
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Bitcoin ATM maker Diamond Circle has announced it will launch a bitcoin debit card this week at the Bitcoin 2014 Conference in Amsterdam, in conjunction with its UK distributor Swiftbitz. Diamond Circle claims the card will only work with its own two-way, cashless bitcoin ATM, its forthcoming merchant point-of-sale (POS) solution and via its online exchange. This is a contrast to other bitcoin debit cards tied to established card payment networks like UnionPay, which can be accepted in a majority of outlets without the merchant possessing any bitcoin-specific technology. The debit cards....
Bitcoin's first cashless ATM has just gone live in Queensland, Australia. The ATM kiosk was installed at the Bluff Café, which is located in Burleigh Heights. The ATM has been a long time in coming since Diamond Circle announced its development in March this year, but it is now and finally here. The Diamond Circle ATM works together with its bitcoin debit cards. They cannot be used with any other ATM. In March this year, CCN carried the story about Diamond Circle having developed the first cashless Bitcoin ATM. In explaining how the Bitcoin ATM would work, the company's Chief Technology....
Bitcoin ATM maker Diamond Circle has installed its first kiosk at a cafe in Queensland, Australia. The new unit is located at the Bluff Cafe at Burleigh Heads, a suburb of Gold Coast City. The company describes its machine, unveiled earlier this year, as the first "cashless bitcoin ATM" kiosk to hit the market. The Diamond Circle ATM works in conjunction with its bitcoin debit cards, which were announced last May. Despite their name, these cards are only compatible with the company's machines, however, and can not be used as debit cards in the traditional sense. Cashless top-up. The system....
I've just caught this one from other bitcoin news websites. Diamond Circle announced yesterday the launch of world's first cashless bitcoin ATM, which is installed at the Bluff Café in Burleigh Heads (in Queensland, Australia). In order to make use of the ATM, one must first open an account, which will dispense a bitcoin debit card for $5.00. At the same time, customers using the ATM are able to purchase bitcoins using their credit card, which eliminates the need for carrying around cash. Customers are also able to "top up" and review their balances in a speedy five seconds. If you're....
Diamond Circle Ltd., an Australia-based manufacturer of bitcoin ATM machines and a developer of bitcoin services, will cease its free wallet service within seven days, according to company founder and CEO Stephen Rowlison. Rowlison advised users of the service to login to https//portal.diamondcircle.net and transfer bitcoins to another wallet. "We will make a statement concerning the purpose and reasons behind this decision within the next few days," Rowlison said in an email. "Thank you for registering your card and we hope to bring you good news in the future on whether this service will....