CoinFlip Launches Bitcoin-Enabled Gift Card Marketplace
This is a promoted article provided by CoinFlip. Despite the progress that Bitcoin has made since its inception in filling the cavernous gaps in the financial system and providing relief to the world’s underbanked, there are some areas where more growth is still desperately needed. But now, with a new service in addition to its legacy offerings, CoinFlip is addressing those areas of need on two fronts. CoinFlip already operated some 950 Bitcoin ATMs across the country, offering one of the most friction-free and critical entry points to BTC for those who are underserved by legacy financial....
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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....
Centz, a digital currency service letting users convert gift card balances to cash, will hold an ICO in November, hosted by OpenLedger. Centz: Turn Gift Cards Into Digital Cash. Announcing its service at Money 20/20 in Las Vegas, Centz uses a specialized digital currency called “Centz Gold Bucks” (CGB) to convert gift card balances to digital cash, letting users spend their balances on anything. To use the service, customers create an account and load gift card balances into their digital wallets. Centz then converts the card balances into CGB and gives it to users in a single, spendable....
Bitit is a new Bitcoin gift card company that wants to make it easier for Europeans to buy bitcoins. The company believes that their gift cards are a way to smooth the learning curve involved in using bitcoin without an intermediary. On the consumer end, there are no wallets involved or keys to remember, all they do is sign up for a Bitit account and receive a euro-denominated gift card funded with bitcoin. While the hardcore Bitcoiners among us would argue that a gift card doesn’t constitute “really” using bitcoin, Bitit believes that their product is a good way for people to at least get....
Earlier today, Gyft revealed their own Gyft gift card on the Gyft network of over 200 retailers. Gyft accepts Bitcoin right alongside typical centralized payment processors such as PayPal, Google Wallet, VISA, Mastercard, etc. For over a year, Gyft has been "showing-by-doing" the efficacy of adding bitcoin acceptance to any business model. Without chargebacks and lengthy wait times, Gyft is able to offer 3% off to customers paying in Bitcoin. This new general purpose Gyft card will allow you to "Give the Gift of Gyft." The Gyft Card is redeemed online via its unique promo code whenever the....
Patrons of Dunkin’ Donuts, a major coffee and donut chain, can now pay with bitcoin by using an eGifter online gift card. Purchasers earn up to 3% eGifter bonus points. Online gift cards provide a way for bitcoin users to use bitcoin from companies that don’t yet directly accept it, thereby providing more ways to use bitcoin for daily commerce and increasing bitcoin’s use and acceptance. Dunkin’ Donuts is one of the United States’ largest coffee chains. eGifter also offers a Caribou Coffee gift card. Coffee Chains Embrace Cards. Dunkin’ Donuts competitor Starbucks, the world’s largest....