Bitcoin Exchange LVL Launches Mastercard Debit Card

Coincard is a prepaid debit card you can load with bitcoins. Bitinvest is a Brazilian company that provides users a market to buy, sell, and store digital currencies. At the moment, Bitinvest only supports bitcoin and Litecoin, but the exchange plans to support other currencies in the future. Today, Bitinvest announced a new, simple way to use bitcoin practically anywhere in Brazil. It's called Coincard, and it's a prepaid MasterCard debit card that can be loaded with BTC. How it Works. Using a Coincard couldn't be simpler. After signing up for the card, Bitinvest will deliver it anywhere....

It is no secret the world of traditional finance is in peril. Lack of innovation for over fifty years has created a void that needs to be filled sooner or later. New payment methods, such as credit cards, are being used on the Internet en masse, without ever being designed to complete that task. Barclays bank has now admitted its debit card authorisation process can be bypassed, and they have no clue on how to fix this issue. Whenever a consumer pays with a debit card online, it will be verified by the issuing bank to see whether or not all of the information has entered correctly. Unlike....

Notoriously tight-lipped bitcoin exchange and CoinDesk Bitcoin Price Index member BTC-e is now allowing customers to withdraw funds to Visa and MasterCard debit and credit cards, with some exceptions. The company blog post, issued on 21st March, indicated that the new program is now available to customers in any country, using any currency. All customers will pay a 5% fee for the service. The new functionality is noteworthy as it will allow customers to send money to debit and credit cards issued by two of the largest and most commonly used international card issuers. At present, the....

Bitcoin debit card provider E-Coin is taking part in the highly anticipated Bitcoin Black Friday event. The company will offer its Bitcoin debit cards at a 40% discount for 48 hours Normally, an USD-denominated debit card from E-Coin costs $17 USD with standard shipping. During the two-day Bitcoin Black Friday sale, the same card will be available for $10.20 USD with standard shipping. The E-Coin debit card is hosted by MasterCard, allowing people to use their cards at any store or ATM that accepts regular MasterCard debit and credit cards.

MasterCard has contacted CoinDesk to reiterate that it does not have a relationship with Xapo, and that it had no knowledge of the company's planned product launch. The company added: "MasterCard does not have a relationship with Xapo. There is no card program currently available." UPDATE (25th April 02:30 BST): Xapo CEO Wences Casares spoke to CoinDesk to clarify the situation, stating that the company is currently working with an undisclosed bank to launch the open-loop debit card product, but it has yet to select a credit card network with which to power the offering. However, it was....