CoinJar Launches Bitcoin Debit Card Trial
CoinJar is set to begin a national trial of a bitcoin-to-debit card system called Swipe, which can be used to pay at any store that accepts electronic payments and to withdraw cash at some ATMs. The Australia-based exchange and payment processor's debit cards will work on the country's electronic funds transfer at point of sale (EFTPOS) network, which is supported by all major banks and has 826,769 payment terminals nationwide. "CoinJar Swipe is our way of making bitcoin accessible to everyone," Asher Tan, CEO of CoinJar, told CoinDesk, adding: "Swipe lets CoinJar customers spend their....
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Australia's CoinJar has announced pricing for its new 'Swipe' debit cards, which allow users to load and spend funds from their bitcoin balances at any business in Australia's widespread EFTPOS electronic debit network. CoinJar, which launched the trial of its regional-first card product last week, is promising "no activation fees, no load fees, no conversion rates (subject to CoinJar Fair Rate policy), [and] no inactivity fees". Users will still face some costs, however. Ordering the card initially costs AUD$29 ($26). Additionally, cash withdrawals from ATMs on Australia's 'Redi-ATM'....
Australian bitcoin services company CoinJar has opened up its debit card service CoinJar Swipe to the general public. The cards allow users to spend from their bitcoin accounts at over 820,000 retail terminals nationwide, as well as withdraw cash from bank ATMs. Notably, the new system means there is no waiting for banks to clear fund transfers from CoinJar exchange accounts. CoinJar announced the launch at the Payment Innovations 2015 conference in Sydney today. The Swipe system had been an invite-only trial since September, with about 61 users spending AU$30,000 in that period. The....
One of several companies working to offer consumers a practical means of spending bitcoin at merchants not yet on the cryptocurrency train is Australia's CoinJar. The country's largest bitcoin-related company, they've just today released some additional information with reference to their bitcoin debit card. Dubbed the 'Swipe' card, CoinJar wrote Wednesday on their blog that they have released about a hundred of their bitcoin debit cards to individuals in their early access program, and they've provided some interesting details that should answer the questions of those interested in....
I am persuaded that the Bitcoin economy should become "real," with less speculation and more use as a currency to buy goods, so I welcome innovations that make spending Bitcoin easy for consumers. Australian company CoinJar unveiled the country's first Bitcoin debit card, which seems especially user-friendly and integrated with the existing Australian payment infrastructure. The new CoinJar Swipe card can be charged in Bitcoin and will allow users to purchase goods at EFTPOS terminals. The EFTPOS (Electronic Funds Transfer at Point of Sale) payment network is widespread in Australia and....
Upon the interests of those that have awaited for the highly anticipated bitcoin debit cards of Xapo, the multi-million dollar startup has finally begun shipping its cards internationally. However, in correlation to its launch, Xapo has announced that the cards cannot be shipped to the United States, and cannot be used by its residents. "Unfortunately, Xapo cannot issue nor ship the Xapo Debit Card to users who reside in the following countries: United States Minor Outlying Islands Uzbekistan Vanuatu Venezuela Vietnam Virgin Islands, U.s. Wallis And Futuna Western Sahara Yemen Zambia....