Tag Archives: BitInstant

BitInstant to launch Bitcoin cards

Virtual currency exchange service BitInstant is all set to roll out first officially certified Bitcoin Paycard, in collaboration with MasterCard, which would be a debit card and accepted globally.

According to payment processor, the proposed card would be loaded up with Bitcoins and then withdraw real world currencies, while will work as a standard debit or credit card and will be accepted anywhere that accepts MasterCard.

The card will be fitted with a QR code on the front and a printed address on the back which would be used to load Bitcoins, with BitInstant charging a 1% fee.

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