Bittylicious Extends Credit Card Payments to Altcoin Buyers
Bittylicious now allows users to purchase all of its available altcoins with MasterCard and Visa credit and debit cards. The UK-based bitcoin brokerage first announced support for credit card payments this May when it added the payment option for bitcoin buyers. Bittylicious accepts bank transfers, cash payments and select mobile payments services such as Barclays Pingit, though card payments are only available in euros. Speaking to CoinDesk, Bittylicious founder and director Marc Warne cited strong demand for the payment option as the motivating factor behind the decision, and he added....
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UK-based bitcoin buying and selling service Bittylicious has announced that EU citizens can now use Visa and MasterCard credit and debit cards to buy BTC via its platform. Launched in June 2013, Bittylicious quickly grew in popularity among UK bitcoin users due to the difficulty posed by trading through popular international bitcoin exchanges. Marc Warne, founder and director of Bittylicious, framed the new service as an extension of Bittylicious' goal of improving the experience of site users, saying: "Bittylicious is designed to make the Bitcoin buying process as simple as possible, so....
British bitcoin exchange CoinCorner now allows clients to purchase bitcoin and some altcoins with debit and credit cards. The feature went live yesterday, making CoinCorner one of very few places in the British Isles to accept direct card payments for cryptocurrency. Bittylicious, a similar exchange, launched card payments back in May. Traditional bank transfer methods are still on offer for users who do not wish to rely on cards to deposit funds with CoinCorner. Charlie Woolnough, CEO of CoinCorner, told CoinDesk that there are some limitations to the service, however: "We accept credit....
Gemini has unveiled an innovative feature allowing users to accrue XRP cryptocurrency rewards while conducting routine credit card purchases. The disclosure of this program, disseminated through a tweet, extends a remarkable prospect to Gemini Credit Card holders, granting them the ability to amass up to 3% in XRP rewards on expenditures on dining, groceries (2%), […]
It is no secret that any type of card reader can be used for both legal and illegal activities. Making credit card payments in most countries involves either the customer or cashier to swipe the card through a card reader. Square, a company, known for its credit card payment processing capabilities, faces some security concerns as far as their Square Reader device is concerned. With technology evolving at a rapid pace, a lot of focus is being put on making the entire payment experience more convenient for customers. As a result of that ideology, applications and hardware have been released....
Credit cards with EMV Chips are not as secure as it was initially thought to be. Bitcoin continues to be a more secure payments option. The ongoing competition between fiat based electronic payments and digital currency payments doesn’t have a winner yet. The credit and debit card based electronic payments systems score over Bitcoin payments when it comes to number of users and the rate at which transactions are processed. However, Bitcoin continues to lead the way in the security department. Credit Card frauds have hit an all-time high across the world. In last year alone, total damages....