Bakkt users excited as new Visa debit card is unveiled

Bakkt users excited as new Visa debit card is unveiled
фото показано с : invezz.com

2021-6-23 12:58

Digital asset marketplace Bakkt Holdings has launched a new Visa debit card for users to buy everyday items using digital currency.

The debit card will enable users to buy items in-store or online wherever Google Pay and Apple Pay are accepted, according to the press release by the company.

Bakkt Chief Executive Officer Gavin Michael commented on the rollout, saying that the Bakkt debit card will provide ease of purchase for the users. He stated,

As we continue Bakkt’s journey, our goal first and foremost is to offer more choice for consumers.

All Bakkt Users Are Eligible To Apply For The Card

Michael added that users are no longer going to wait until the transfer to their banks after selling. Rather, they can simply use their Bakkt card to buy the item they want to buy without any delays or long processes.

He also stated that some rewards customers will soon have the same flexibility.

The press release also noted that all Bakkt customers are eligible to apply for the Bakkt Card and they can do it via the Bakkt App.

When their application receives approval, they can start spending cash (USD) and Bitcoin funds from their Bakkt App account immediately.

This means that there is no need to convert their Bitcoin before purchasing items online or in stores.

Investing or holding Bitcoin without transaction fees

The increased adoption of Bitcoin and other cryptocurrencies has intensified peoples’ desire to spend their crypto holdings in their wallets. Bakkt says it has enabled real-world spending and allows users to invest or hold Bitcoin (BTC/USD) without transaction fees.

In another development, Visa and PayPal have invested in the new venture fund by Blockchain Capital as the company raised $300 million.

Visa and PayPal have shown increased interest in the crypto market recently, but both companies are still new to crypto VC.

Although they have invested in some crypto startups individually, it will be the first time they are teaming up to support a particular company.

The post Bakkt users excited as new Visa debit card is unveiled appeared first on Invezz.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Cardstack (CARD) на Currencies.ru

$ 0.0006461 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: -0.55 %
Cегодня L: $0.0006461 - H: $0.0006461
Капитализация $0 Rank 7664
Цена в час новости $ 0.0007577 (-14.73%)

card users debit bakkt pay digital buy

Источник: invezz.com

card users → Результатов: 126


The Market Needs Crypto Cards For Daily Purchases, Not Another Wallet For Coins

Why there are still much fewer crypto card users than cryptocurrency holders, who need cryptocurrency cards, and what are their benefits, shared СEO of the virtual bank TTM Bank Vladislav Utushkin. – The first crypto cards, analogs of bank cards that can be replenished with cryptocurrencies, appeared more than five years ago, but even among the crypto assets holders, not everyone can boast of having one.

2021-1-22 16:48


NetCents adds credit card payments as method to purchase cryptocurrency

NetCents, a cryptocurrency payments company, today announced that it is adding the ability for NetCents users to purchase cryptocurrency via credit card on the NC Exchange. There are a limited number of platforms that are approved by the card companies for purchasing crypto, with NetCents is now approved, is a testament to the safety that […] CryptoNinjas » NetCents adds credit card payments as method to purchase cryptocurrency

2020-11-4 06:14


Coinbase Debit Card Rolled Out for US Customers

Cryptocurrency exchange giant Coinbase has announced that US users can now apply to join the waitlist for its crypto-based Visa debit card. ‘Coinbase Card,’ which will work the same as any other Visa debit card on the market will permit users to make payments and ATM withdrawals without needing to move funds to a fiat […] The post Coinbase Debit Card Rolled Out for US Customers appeared first on BeInCrypto.

2020-10-30 10:00


Binance continues European rollout of its Binance Visa Card

Binance, the popular crypto exchange and blockchain company, today announced the expansion of its Binance Visa Card to all eligible users from the European Economic Area (EEA). Binance Visa Card now supports NFC payment apps, including Google Pay and Samsung Pay, offering more ways to convert and spend BTC, BNB, SXP, and BUSD to fiat […] CryptoNinjas » Binance continues European rollout of its Binance Visa Card

2020-9-17 11:24


eftpos collaborates with Hedera Hashgraph on eCommerce micropayments solution

eftpos Payments Australia, a debit card system for the country, today announced it is collaborating with global distributed ledger company, Hedera Hashgraph, on a micropayments proof-of-concept that aims to create a seamless Australian payment experience for web users by providing an alternative to traditional online paywalls and subscriptions.

2020-7-22 20:37


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Crypto market cap surpasses the $2.5t mark following CPI data

The global cryptocurrency market capitalization has recorded an impressive momentum after the U.S. Consumer Price Index (CPI) report was released. Notably, the US CPI for April increased by 3.4% over the past year, crypto.news reported. In March, the CPI reached…

ABT token surges 26% to hit new all-time high

ArcBlock’s native token, ABT, has seen a significant surge in its market value, with a 26% rise over the last 24 hours, pushing the token to a new all-time high of $3.92. The latest surge in trading volume, which reached $31.8…

Q1 CoinShares most successful quarter in history with revenue up 216%

European crypto asset manager CoinShares has revealed that its revenue in Q1 increased by 216% since last year, with total comprehensive income increased by elevenfold. CoinShares, a European digital asset manager and crypto research firm, saw its “strongest quarter ever”…

Chinese authorities arrest six suspects in $300m crypto fraud case

Authorities in China have arrested six individuals suspected of engaging in illicit cryptocurrency transactions amounting to 2.94 billion yuan — worth roughly $300 million. According to a May 10 report by local media outlet Chinanews, the suspects were taken into…

Celsius (CEL) rallies 360% following massive token burn

The native token of the now-defunct Celsius Network, CEL, has recorded an impressive price surge following its massive token burn. On-chain data shows that Celsius burned over 94% of its total supply on April 30 — plunging from 695.65 million…