Gyft Unveils New Tech for Blockchain-Powered Gift Cards
Gyft and bitcoin API developer Chain have partnered to create Gyft Block, a trading platform aiming to make gift cards easier to exchange. Announced at Belfast's MoneyConf, the news marks Gyft CEO Vinny Lingham's latest step in transitioning his mobile gift card company from one of bitcoin's most active merchants to a more direct supporter of its underlying technology. Gyft Block is part of Gyft's broader mission to digitize gift cards so that they can be securely traded using bitcoin's public ledger, the blockchain. Termed 'gift cards 2.0', the ambitious project was first revealed at SXSW....
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Gyft Cloud is a cloud-based digital gift card solution. Gyft is pretty well-known in the bitcoin world. The service allows users to purchase digital gift cards with bitcoin or credit card for hundreds of retailers. Users can also upload their plastic gift cards to their Gyft wallet so that cards can be stored securely and retrieved anywhere with an Internet connection. And now, Gyft is expanding its services to merchants with Gyft Cloud - “the ultimate mobile gift card solution.” “Offering plastic gift cards can be cost prohibitive and an operational nightmare for small to mid-sized....
Just this morning, BitPay, Inc announced it's newest merchant, Gyft. Gyft, a mobile gift card platform, added support for Bitcoin purchases of gift cards on the Android platform, through its partnership with BitPay Inc, the world's leading payment processor for Bitcoin. Gyft offers a mobile gift card app to allow customers to buy, store, send, and redeem gift cards on their phones. In addition to a free phone app, customers can share gift cards via Facebook. Gyft works with 50,000 physical retail locations across the USA including GAP, Lowes, Sephora, Gamestop, American Eagle, Sports....
3 weeks ago, I had the pleasure of writing an article I'd dreamed of writing for months and months on end. Gyft Adds Walmart Gift Cards!! Alas, all good things are not meant to last. For the last 3 weeks, Bitcoiners around the country have had the pleasure of buying Walmart gift cards with Bitcoin, receiving 3% back in the form of Gyft points, and in essence spending Bitcoin at Walmart on gas and groceries. Making Bitcoin a cheaper option to buy gas has been a long standing dream of the Bitcoin community, this was the first step towards realizing that dream and said step has now been....
Just this morning, Gyft, Inc, the lead mobile gift card company announced the Gyft Points program to reward customers for use of gift cards. In May of this year, Gyft began accepting Bitcoin for payment back and as a result exponentially increase the growth of the number of opportunities for individuals to shop with Bitcoin. An individual is able to purchase 1 of 50,000 gift card options and as a result put Bitcoins to use. Gyft put out the following press release: Gyft Launches Rewards Platform to Give Consumers Up to 3% Back on Gift Card Purchases. Expands Options for Payment to Include....
The day that many Bitcoiners have been secretly waiting for has finally arrived: Gyft is now stocking Walmart Gyft cards. Vinny, Gyft's CEO, announced the addition to the Gyft arsenal via Twitter and a Reddit post earlier today. We are so so so so excited to announce that @Walmart is finally on gyft! Enjoy Gyfters! #shopyourwalmartheartsouthttp://gyft.co/UiyhD4J. Walmart Gift cards, minimum $25 value, are available for Bitcoin via Gyft. Bitcoiners are now able to use Bitcoin to buy Gyft cards to spend at Walmart or Walmart's subsidiary: Sam's Club. Everything in the diaspora of consumer....