SpectroCoin Launches A Bitcoin Debit Card For Eastern Europe
European Bitcoin exchange and payment processor SpectroCoin launched a debit card earlier this week that can be loaded with digital currency and spent at anywhere major debit and credit cards are accepted. A press release by London-headquartered SpectroCoin said the debit card can be issued to residents of 150 countries and is accepted at merchants....
Related News
Through an integration of the European payment network, WoraPay, users of the London-based Bitcoin mobile wallet SpectroCoin now can spend bitcoin at numerous Eastern European merchants. Paying merchants with bitcoin is done indirectly, however. Users' fund their WoraPay accounts with bitcoin sent from their SpectroCoin wallets, and then pay the merchant with euros through their phone. Though WoraPay has its own mobile wallet, the company also opened its payment network to third-party wallets. This gives other mobile wallets access to a growing number of merchants across Europe that accept....
SpectroCoin, the U.K.-based bitcoin exchange and wallet, has introduced bitcoin debit cards denominated in USD and GBP, complementing its existing EUR-denominated cards. These cards remove the fiat conversion fees needed with regular debit cards when using a specific denomination in a foreign country. Bitcoin debit cards make it easier for bitcoin holders to use bitcoin for making both online and offline payments. The bitcoin-funded cards remove the need to convert bitcoin into fiat to make payments. The SpectroCoin cards are accepted where MasterCard and Visa are accepted. Users can fund....
A cryptocurrency exchange in Europe announced the launch of a Next gen 2.0 bitcoin debit card, which is in compliance with the region's financial regulators. Danish exchange CCEDK said that the Bitcoin Debit NanoCard Next gen 2.0 bitcoin debit card will enable withdrawals from their multi cryptocurrency exchange to ATMs and Next gen 2.0 bitcoin debit card-enabled merchants worldwide. Bitcoin Debit Card Features. Critics have noted that this bitcoin debit card doesn't guarantee anonymity or privacy protection unlike competitors such as BitPlastic. However, the fraud protection feature might....
BitStamp, a well-known bitcoin exchange, launched its prepaid bitcoin debit card for the European market. These can be used anywhere major credit or debit cards are accepted. In addition, the bitcoin balance loaded on the card can be converted to U. S. dollars, British pounds, or euros. The most basic version of the bitcoin debit card does not involve any identification verification but it also comes with the lowest annual spending limit of 2,500 EUR. The highest level of the card requires the submission of a government ID, proof of residence, and proof of income for the user to avail of....
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....