Bitcoin Solutions has partnered with Chain Bytes and Savvy to launch the first bitcoin gift card that is readily available for purchase in the United States. Consumers can purchase the gift cards at www.mybitcards.com. The website has integrated with Savvy, which processes rewards and promotions. The integration provides Bitcoin Solutions with distribution rails and access to most major gift card programs throughout the United States.
While more than 80 percent of consumers know of bitcoin, less than 7 percent have purchased bitcoin. This is mainly due to bitcoin being an untraditional currency to buy and somewhat confusing in terms of its floating value. This latest advancement in bitcoin technology offers a simple gateway for consumers to buy bitcoin.
“Connecting your bank account to an unknown exchange to buy bitcoin can be frightening and risky,” says Ed Gieske, Chief Executive Officer of Bitcoin Solutions. “Gift cards are a well-known access point for the average consumer and can make buying bitcoin simple and painless. We are excited to work with Chain Bytes and Savvy to launch our gift cards and bring easy bitcoin access to more consumers and investors in the US, UK, and Europe.”
He continued, “We needed a partner who understood our business goals and could help us launch the bitcoin gift card. Savvy provided our gift card solution, connected our sales partners and our redeeming website only within two weeks. We were impressed with their expert knowledge and attention to detail.”
Eric Grill, Chief Executive Officer of Chain Bytes, adds. “This partnership demonstrates the changing times where traditional distribution methods are being utilized to indoctrinate non-technical users of bitcoin and cryptocurrencies to bring bitcoin to mainstream adoption. We are thrilled to be a part of this journey through our partnership with Bitcoin Solutions.”
“We are delighted to support the bitcoin gift card to add to our growing list of US customers” adds Eoin Whyte, Sales Director of Savvy. “We are looking forward to seeing the growth of the product across the US and internationally.”
The hope behind the development of the bitcoin gift card is that it will inspire an increasing number of people to purchase bitcoin and allow them to easily participate in the digital market. Bitcoin has never stopped being a hot topic in the past few years. More and more businesses have begun to accept bitcoin as a form of payment from their customers. This not only raises the value of the blockchain market but also increases the options customers have for payment.