Friday 1 November 2013

BitCoin Debit Card from undisclosed international bank

The BitCoin Debit Card has made great strides since it was first created, but before it can begin to compete with "real-world" currencies it has to make the jump to our physical wallets. This project aims to do just that: allow you to use the BitCoin Debit Card in everyday life as you would your local currency.

The BitCoin Debit Card will, in practice, function just like any other debit card: swipe, type your pin and get a receipt. BitCoin Debit Card will then be automatically transfered from your BitCoin Debit Card wallet to the vendor's. 

A BitCoin debit card could be in your very near future thanks to the efforts of trader-backed Raxcard.com That fund transfer outfit, dedicated solely to the digital currency, has partnered with an undisclosed international bank to launch a branded debit card within six to eight weeks. News of the development first surfaced yesterday during an online chat with company co-founder, Charlie Shrem, in which he confirmed the cards would cost users $10 apiece to purchase and carry a 1% bitcoin transfer fee, as well as $1.50 ATM withdrawal fee. To further streamline the exchange process, users will be able to make quick transfers under $1000 by scanning a QR code overlay on front or by accessing the personal BitCoin address listed on back -- all possible with a single confirmation. Initially, the cards will be denominated solely for USD, GBP and EUR, but more foreign currencies could soon be added in the lead up to its official debut. For now, those are the only bits Shrem was willing to share, as further details on this plastic alternative will be forthcoming prior to official launch.

Order your BitCoin Debit Card from undisclosed international bank
Website = www.Raxcard.com
Email = Admin@raxcard.com



Popular Posts