Two Israeli Credit Card Companies Now Offering Bitcoin Purchases
MAX and Isracard, two Israel-based credit card companies, will offer separate credit cards that provide bitcoin cashback and allow the purchase of bitcoin.Two Israeli issuers of credit cards, MAX and Isracard, will begin offering bitcoin services and cashback to users of their credit cards. MAX will partner with Beats of Gold, allowing users to purchase bitcoin with credit cards.Isracard will partner with Altshuler Shaham to purchase bitcoin through the investment house.MAX and Isracard, two Israei-based credit card companies, are collaborating to release a bitcoin cashback credit card....
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Companies started to offer crypto back rewards for credit card transactions, from business expenses to monthly subscription payments. Receiving cashback from your credit and debit card purchases has been a long-time benefit for credit card users. However, crypto entered the scene as projects start to implement crypto back rewards for card purchases. Back in 2021, BlockFi launched a Visa-backed Bitcoin rewards card as a way to welcome users into the crypto ecosystem. With the card, users can get 1.5% back in Bitcoin (BTC) instead of other rewards like cashback or miles. In the same year,....
Under the terms of a $7.2 billion class action settlement that a US federal judge approved in November, starting this Sunday, merchants will gain the legal right to charge credit card-paying customers extra to make up for their processing fees. Currently, every time a customer makes a payment with a credit card, merchants are charged about $0.25 + 2.9% for the transaction, and for many years, major credit card companies have included a term in their merchant agreements forbidding merchants from using surcharges or discounts to encourage their customers to pay with cash instead. The result....
Two Israel-based credit card companies, Max and Isracard, have started working on Bitcoin investment and cashback solutions via a credit card. Financial companies in Israel are increasingly moving into cryptocurrencies like Bitcoin (BTC), with two competing credit card firms working on BTC investment and cashback features.Two Israel-based credit card companies, Max and Isracard, have inked partnerships with crypto-related platforms in order to allow cardholders to purchase Bitcoin, the local news agency Calcalist reported on May 17.Max announced collaboration with the local crypto broker....
Prepaid credit cards are not new. However, a prepaid credit card that can be funded with bitcoins is. The BitcoinCard is a credit card that can be funded via BTC. Don't get too excited though, as this card does not let you transmit bitcoin via the card. Despite the website's UK top level domain, the company informed us that the card primarily holds Euros. When we contacted The Bitcoin Company, who are offering this card, a representative told us: "The card works as a normal prepaid credit card. The difference is users can buy it with bitcoins, and fund it with bitcoins." It's not clearly....
In news that underlines the vulnerabilities of credit cards compared to bitcoins, law enforcement officials have busted an alleged global credit card fraud ring that amassed $200 million (US) in charges. The risks of credit-card fraud and theft are a big reason many Bitcoiners say they prefer digital currency. When it comes to trust, credit card companies have made the Hall of Shame, leading in poor user satisfaction ratings, besting banking, cable, phone and insurance companies. Using a credit card for online purchases, Mozilla developer Kumar McMillan has noted, is "like giving someone....