Start-up firm CryptoSpend to introduce Visa debit card services to Aussies coinjournal.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coinjournal.net Daily Mail and Mail on Sunday newspapers.
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A start-up created by two mates from the University of Technology, Sydney has convinced global card giant Visa to approve the issuance of a physical debit card that will allow users of the CryptoSpend app to spend their bitcoin trading profits in shops and bars by tapping on existing payment terminals.
It will be the first time cryptocurrencies can be spent using a payments card issued in Australia that runs on the network of one of the international card schemes, and highlights global moves by Visa and Mastercard to make it easier to spend bitcoin and other digital currencies to pay for everyday items.
Australia s CryptoSpend is Launching Visa Debit Cards beincrypto.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from beincrypto.com Daily Mail and Mail on Sunday newspapers.