Gift Cards On-The-Go with Bitcoin on CardCash
Do you have bitcoins and don't know how to spend it on one of the large format stores or an e commerce site that does not accept bitcoin. There is a solution for that and it's called gift cards. There are many services that allows users to buy and sell discounted gift cards for bitcoin. Some of them include Gyft and Fold. Now there is another service by the name CardCash added to the list. CardCash is an American online discounted gift card site which has been around for a while, but they are now back in the news for introducing bitcoin payments on their platform. According to the CEO of....
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One of the more common ways for consumers to spend Bitcoin is by buying gift cards from various retailers and outlets. Popular Bitcoin gift card services will often offer a small discount on every purchase. Giving consumers an extra incentive to spend digital currency. A recent survey by CardCash shows how Starbucks gift cards are a clear fan favorite, whereas Visa Gift Cards are far less preferable. Most of these trends seem to correlate with how consumers would spend USD balances on gift cards, though.
CardCash, an American online company that buys and sells discounted gift cards from thousands of national retailers, has begun to accept bitcoin payments. CardCash joins companies like Gyft and Fold that provide ways for Bitcoin users to interact with the massive gift card industry. "We saw that bitcoin was getting a lot of traction and growing in legitimacy," CardCash CEO Elliot Bohm said in an interview with Bitcoin Magazine, "but it was slow in getting acceptance in popular brands." He pointed out that while consumers could use bitcoin to shop at Overstock and Dell, they couldn't spend....
In August Bitcoin Magazine reported that CardCash, an American online company that buys and sells discounted gift cards from thousands of national retailers, had started to accept bitcoin payments, joining companies such as Gyft and Fold in providing ways to purchase gift cards from major retailers with bitcoin. Founded in 2008, CardCash has been included in the Forbes' list of America's Most Promising Companies for the last three years, as well as in the Inc. 500 list of the fastest growing private companies in America for the past four years. In November 2013, the company raised $6....
Bitcoin is a booming business in the United Kingdom, assuming one knows how to play their cards right. Gift Off, a company specializing in selling gift cards for Bitcoin, recorded an all-time high turnover in February of 2016. Cryptocurrency enthusiasts in the United Kingdom will have heard of Gift Off before, as this Norwich-based online shop sells gift cards in exchange for Bitcoin payments. Up until this point, the company has sold close to GBP2.1m worth of gift cards, of which over GBP200k was processed last month. Considering how Gift Off is focusing on various gift cards, it seems....
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....