BitPay Launches Its Own Bitcoin Visa Debit Card in the U.S

Bitpay has introduced a new Visa debit card to its clients in the U.S. The BitPay Card can be loaded from any Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term wallet and can be managed on the web or from a mobile app. The card offers up to $10,000 per day in spendable funds and up to $3,000 of withdrawals in cash daily from any ATM with the Visa® logo.

The company explains the rationale for the surprising move by saying that while they are "constantly working to make bitcoin every merchant's favorite form of payment, sometimes our favorite stores and restaurants aren't ready to accept it."

Gaming Integration

Unrelated to the debit card, Bitpay has also become much more attractive to the online video games industry recently with two major deals. The most publicized is its integration last week with gaming giant Valve which will bring bitcoin Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term to the popular Steam platform.

Additionally announced last week was that gaming marketplace Kinguin partnered again with Bitpay to enable bitcoin payouts - allowing merchants to withdraw their earnings in bitcoins.

"We have noticed a demand from our merchants for paying out with Bitcoin," said Faheem Bakshi, Kinguin's Vice President for Global Expansion. "Having the option to pay out with Bitcoins is a great opportunity to attract more merchants selling digital products on Kinguin. It allows users of Kinguin's platform to buy and sell video games in even more new ways"

"Bitcoin gives online marketplace businesses a simpler, faster and less expensive way to pay their international sellers," said BitPay's EMEA General Manager Marcel Roelants. "Gaming marketplaces like Kinguin clearly show the advantages of Bitcoin payouts."