Bitcoin Forum

Bitcoin => Press => Topic started by: julz on August 24, 2012, 12:12:40 AM



Title: 2012-08-22 fastcompany.com - BitCoin Plans A Debit Card Launch In 8 Weeks
Post by: julz on August 24, 2012, 12:12:40 AM
Quote
BitCoin Plans A Debit Card Launch In 8 Weeks

NIDHI SUBBARAMAN
2012-08-22

http://www.fastcompany.com/3000682/bitcoin-plans-debit-card-launch-8-weeks


(entire article text)
BitCoin, that controversial encrypted digital currency will launch a debit card after all. The BitInstant PayCard is a pre-paid card. In a blog post spotted first by The Verge BitCoin says that the card will launch in about 8 weeks. Like other pre-paid cards, BitInstant Paycards will have a $1,000 limit and will follow AML and KYC policies, Team BitCoin explains.

When news of the card first surfaced yesterday, MasterCard denied knowledge of the program adding that it had no relationship with BitInstant. But BitCoin explains that was because negotiations are still underway between BitCoins partners and MasterCard. "BitInstant’s partners, who are issuing the card, have been working with MasterCard for many years, and the specific relationship will be between these partners and MasterCard (not directly between MasterCard and BitInstant)," a BitCoin team member wrote.

'Bitcoin' plans it...
'BitCoin explains...'
oh well.. they'll get it eventually :/


Title: Re: 2012-08-22 fastcompany.com - BitCoin Plans A Debit Card Launch In 8 Weeks
Post by: smoothie on January 27, 2013, 06:03:54 PM
5 months later...nothing...still waiting.

Lesson: Don't leak information before your product is complete.


Title: Re: 2012-08-22 fastcompany.com - BitCoin Plans A Debit Card Launch In 8 Weeks
Post by: Yankee (BitInstant) on January 28, 2013, 07:46:58 PM
5 months later...nothing...still waiting.

Lesson: Don't leak information before your product is complete.

Thanks for bumping thread #17 regarding our debit card.