Amex Veteran Launches White-Label Bitcoin Debit Card Platform
A new platform for payments processing is looking to capitalize on nascent demand for bitcoin-powered debit card solutions. Founded in February, Blade Financial is pitching its service to digital currency companies that want to offer debit card services to customers but lack the resources or capabilities to actually launch a product. Such offerings have proved problematic for some startups, and for Blade, this uneven track record is a big business opportunity. CoinDesk spoke with CEO Ed Boyle, who has previously served as general manager for American Express' prepaid cards unit. Boyle said....
Related News
European Bitcoin exchange BitStamp launched a pre-paid debit card that can be loaded with bitcoin on Wednesday. According to the London-based exchange, the debit card is accepted at anywhere major credit and debit cards are accepted. The card's balance can be denominated either in British pounds, euros or American dollars. The debit card has three stages of verification, each with its own spending limit. The most basic stage requires no know-your-customer verification and allows for €2,500 worth of transactions annually. Government ID, proof of residence, and a certified source of funds....
Blockchain.com, a renowned and trusted platform to buy, sell, and trade crypto, has recently announced its Visa debit card. The introduction of this debit card has been expected for quite some time now. The Blockchain.com Visa card has a huge waitlist of 50,000 people wanting to sign up. The card is already at its launch. […]
Quontic Bank is launching a bitcoin rewards checking account with a debit card. Customers can earn 1.5% back in bitcoin on their debit card purchases. “Bitcoin is gaining massive momentum both as a digital currency, an asset class, and as a store of wealth,” the CEO of the bank said. Bitcoin Rewards Checking Account Quontic digital bank announced on Tuesday the launch of its “bitcoin rewards checking account.” The announcement states: Quontic is the first FDIC-insured financial institution in the U.S. to go live with a bitcoin rewards debit card. Quontic customers....
BitStamp, which is a bitcoin exchange based in London, recently unveiled its newest product: a bitcoin debit card. This will be available for use among EU citizens and will be accepted anywhere major debit and credit cards are accepted. The debit card will be loaded using bitcoin and its balance can be denominated in British pounds, euros, or U. S. dollars. To secure one, you have to submit a government-issued ID, proof of residence, and certification of funds to determine the spending limit. Bitcoin Debit Card Features. The debit card has three verification stages, with the most basic one....
WageCan has recently launched a new euro-denominated Bitcoin debit card. The company believes that this new addition to the market will greatly benefit European Bitcoiners, who can use the card to save money on currency conversion fees when traveling around the region. Disclaimer: This is a sponsored story. Bitcoinist is not responsible for this company’s products and/or services. The company is also offering a virtual debit card as a part of this release. WageCan says that their virtual card will make online shopping easier on European websites.