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BitPay rolls out prepaid bitcoin Visa debit card in 131 countries
Leading bitcoin payments processor BitPay is now offering its award-winning BitPay Visa Prepaid Debit Card for bitcoin users in more than 131 new countries across the globe.
The BitPay Card has become the first prepaid Visa debit card available for bitcoin users in both the United States and in major bitcoin-using countries such as the UK, Germany, China, Japan, Argentina, and Brazil, along with 125 other nations.
The BitPay Card enables users to convert bitcoin into a spendable dollar, euro, or pound balance on a Visa Prepaid Debit Card within minutes. BitPay said that the Card solves one of the major problems faced by early blockchain payments adopters – converting Bitcoin received, earned, or saved into a balance spendable with everyday Visa-accepting merchants and Visa-compatible ATMs.
With the BitPay Card’s recent integration with BitPay’s true bitcoin wallet, users can now convert bitcoin funds to dollars, euros, or pounds on the card in one in-app swipe.
“The Card is significantly more convenient, more affordable, and faster — by an order of days — than many online exchange methods for bitcoin today”, BitPay added.
The BitPay Card has won a Pay Awards 2017 Judge’s Choice Award. With a growing bitcoin user base and a bitcoin market cap of $36 billion, it is poised to become a powerful spending tool for bitcoin users globally.