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YoungHus (OP)
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January 03, 2016, 10:34:38 PM
 #1

https://blog.bitpay.com/gash-point-launches-bitcoin-top-ups/

"With today's bitcoin payments launch from our newest merchant partner GASH Point, we're taking another step to bring the BitPay platform to gamers and bitcoin users in Asia.

Created by Taiwanese digital media giant Gamania for its GASH payment platform, GASH Point is a reloadable wallet and prepaid card for online gaming purchases. The wallet is already used by GASH's 10 million customers in Asia and powers more than 3,000,000 transactions per month. Our new integration will allow bitcoin users in Taiwan and Hong Kong to load their GASH Point accounts using their favorite currency alongside other local payment methods.

GASH Point was made for simple and convenient digital content purchases. Now that customers can use any bitcoin wallet to load their GASH Point accounts in seconds, gamers will have a way to get back to enjoying their purchases in even less time. Since bitcoin payments don't transmit personal data, GASH POINT's bitcoin customers can check out more securely online and protect themselves from identity theft. GASH Point also stands to benefit – bitcoin will allow the company to lower its transaction costs and reach new customers without the fraud risks of traditional credit card payments.

The GASH team has a great vision for bitcoin payments. We're excited to begin working with them to make bitcoin the natural choice for digital purchases in Taiwan and throughout Southeast Asia."
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January 03, 2016, 10:41:35 PM
 #2

nice to ear that!
a way to involve more people is gaming and gambling.
and involving people with this new feature could only be a double advantage, firstly for bitcoin itself and then for GASH that can surpassed the "asian" border and get a nice appreciation!  

maybe they decide to open in other countries?!?
NorrisK
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January 03, 2016, 10:52:34 PM
 #3

Pretty neat! Would be interesting to see the numbers of users actually using bitcoin to top up their accounts though.

It is a lot of exposure for bitcoin nonetheless, which is great ofcourse!
Chef Ramsay
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January 04, 2016, 07:07:09 AM
 #4

This is typically reserved for the "press" section but the thesis makes sense in this spec area. Time will tell if these gamers score more online life w/ bitcoin and that would be a delight.
Matkurb
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January 04, 2016, 07:30:47 PM
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How can the Gash Point to persuade the 3 million users to use bitcoin? Will the bitcoin buy more stuff in the games?
Amph
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January 05, 2016, 08:40:34 AM
Last edit: January 05, 2016, 11:31:41 AM by Amph
 #6

How can the Gash Point to persuade the 3 million users to use bitcoin? Will the bitcoin buy more stuff in the games?

they can do only in one way, by offering crazy discount, if you buy with bitcoin, than this will lead to a better price of bitcoin because of the adoption increase which mean that you can buy even more stuff with a single coin
MatTheCat
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January 05, 2016, 10:03:29 AM
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How can the Gash Point to persuade the 3 million users to use bitcoin? Will the bitcoin buy more stuff in the games?

they can do only in one way, by offering crazy discount, if you buy with bitcoin, than this will lead to a better price of bitcoin because of the adoption increase which mean that you can buy even mor estuff with a single coin

But as things stand, there is no discount for paying with Bitcoin, and it is actually a bigger pain the arse than paying with PayPal or Credit Card for the end consumer, and it is fluctuating in price, which means that if you underpay (cos Bitcoin has gone down slightly), then you have to pay more...but if you overpay (cos Bitcoin has gone up), then that will do just finely, thanking you very much sir!

I pay with Bitcoin here n there, but only for 'novelty' purposes. It don't make my life any easier in the slightest (unless I am buying drugs, or donating funds to my fav terror cell) and I only have access to Bitcoins cos I trade them.

There is a long long way to go to make Bitcoin a palatable and viable payment method for everyday goods n services.

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January 05, 2016, 10:53:06 AM
 #8

How can the Gash Point to persuade the 3 million users to use bitcoin? Will the bitcoin buy more stuff in the games?

they can do only in one way, by offering crazy discount, if you buy with bitcoin, than this will lead to a better price of bitcoin because of the adoption increase which mean that you can buy even mor estuff with a single coin

They must save money on credit card fees when people use bitcoin, and the could pass those savings onto customers. It would help bitcoin adoption, but businesses often keep any savings for themselves to increase their profits. I hope Gash Point doesn't keep the savings for itself, and passes them on.
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January 05, 2016, 12:18:28 PM
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I think they only accept taiwan and hongkong members but 10 million userbase is quite large. Nice to see one huge new market have adopted bitcoin. Cheesy

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January 05, 2016, 03:45:58 PM
 #10

https://blog.bitpay.com/gash-point-launches-bitcoin-top-ups/

"With today's bitcoin payments launch from our newest merchant partner GASH Point, we're taking another step to bring the BitPay platform to gamers and bitcoin users in Asia.

Created by Taiwanese digital media giant Gamania for its GASH payment platform, GASH Point is a reloadable wallet and prepaid card for online gaming purchases. The wallet is already used by GASH's 10 million customers in Asia and powers more than 3,000,000 transactions per month. Our new integration will allow bitcoin users in Taiwan and Hong Kong to load their GASH Point accounts using their favorite currency alongside other local payment methods.

GASH Point was made for simple and convenient digital content purchases. Now that customers can use any bitcoin wallet to load their GASH Point accounts in seconds, gamers will have a way to get back to enjoying their purchases in even less time. Since bitcoin payments don't transmit personal data, GASH POINT's bitcoin customers can check out more securely online and protect themselves from identity theft. GASH Point also stands to benefit – bitcoin will allow the company to lower its transaction costs and reach new customers without the fraud risks of traditional credit card payments.

The GASH team has a great vision for bitcoin payments. We're excited to begin working with them to make bitcoin the natural choice for digital purchases in Taiwan and throughout Southeast Asia."


Fantastic news. Even if it will be only one such news in a month or even two, it would be a big achievement for bitcoin as a currency. This kind of spread made in so easy way, if would be used and achieved in all the world, the day of bitcoin will be much more near that the most optimistic forecast made by the most optimistic bitcoiner. No one can stop bitcoin if will continue with this kind of spread.
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January 05, 2016, 05:08:51 PM
 #11

This is interesting news. Imagine if WOW, Eve Online, Entropia Universe, Star Citizen, etc had a way for its players to deposit/pay using Bitcoin. So much fees would be saved, not to mention so much more awareness of Bitcoin would be spread.
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