NFC-Equipped Shake App Allows Users to Spend Bitcoin at VISA Card Terminals
Shake Alpha, based in Montreal, Canada, is a mobile app that allows users to tap and pay with bitcoin at contactless terminals that accept VISA cards, according to the company’s blog. It is an Android app equipped with near field communication (NFC). NFC allows a phone to emulate the interaction between a terminal and a card. There is also a web app that displays a virtual card to make purchases online. With the Shake Android app you can add funds in bitcoin, tap and pay at store terminals, and view card details for online purchases. An iOS version is scheduled for mid-April. The company....
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Shake, the service that creates VISA debit cards you can load with bitcoin, is opening beta testing to the public. A bunch of new features is also on the way to complement the service. Tap-and-Pay, Plastic Cards, All With Bitcoin. Shake is launching the open beta after a successful six-month alpha testing period. Famously, the test saw BitGo engineer Mason Borda order a Tesla Model 3 using a virtual Shake card for the deposit. The Canadian company currently offers apps for Android and iOS. Users with NFC-enabled phones can also use them to make tap-and-pay payments at store terminals.....
Crypto firm Blockchain.com has announced the launch of a new crypto-centric pre-paid Visa card and so far, 50,000 users have registered for the waitlist signup. In addition to launching its crypto Visa card powered by the card issuing platform Marqeta, Blockchain.com Visa users will earn 1% back in crypto whenever they spend funds using the card. Blockchain.com Introduces Crypto Visa Card Blockchain.com is joining the likes of Crypto.com, Ripio, Bitso, Coinbase, Bitpay, Blockfi, and FTX by announcing the launch of a new crypto-loadable pre-paid Visa card. According to the announcement on....
Coinbase has introduced the first U. S. -issued bitcoin debit card, the Shift Card, in partnership with Shift Payments. The Shift Card is a Visa debit card that currently allows Coinbase users in 24 states to spend bitcoin both online and at physical points of sale at more than 38 million merchants worldwide. "Merchant adoption has come a long way over the past few years, but it's still difficult for people to make regular purchases with bitcoin," notes the Coinbase announcement. "Buying gas at a local gas station or groceries at a neighborhood grocery store with bitcoin has not been....
Bitcoin payments processor BitPay has unveiled a new bitcoin debit card that will enable users to make payments at any Visa point-of-sale (POS) terminals and withdraw cash at Visa ATMs, anywhere across the United States. BitPay has launched its new BitPay Visa card, a debit card that will be available for users in all 50 of the United States. The payments provider also revealed that the bitcoin debit card can be loaded up to $10,000 per day in spendable funds with zero fees on bitcoin top-ups specifically. Notably, the BitPay card can also be reloaded with direct deposits from an employer.....
Customers using the Bakkt app can now apply for a debit card which will enable them to pay with bitcoin at merchants that don’t currently take crypto. The virtual Visa card can be added to Apple Pay or Google Pay to purchase items at thousands of retailers supporting the mobile payment systems. Bakkt Card Can Be Linked to Apple Pay and Google Pay This year’s all-time highs convinced many to invest in cryptocurrencies but digital assets still have a lot of ground to cover to achieve wide adoption in everyday payments. Debit cards issued by crypto companies bridge the gap....