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Author Topic: XAPO: Visa, Mastercard, Discover To Change Bitcoin Debit Card Market in 2016-201  (Read 235 times)
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December 29, 2015, 04:28:44 PM

Mainstream users require a debit card in order to make Bitcoin and other cryptocurrencies a part of their daily lives. What is the result of this year and what is the future of the Bitcoin debit card market in 2016 & 2017? CoinTelegraph interviewed Ted Rogers, the president of XAPO, one of the world leading companies issuing Bitcoin debit cards.

CT: What can we expect in the market of BTC cards next year?

Ted Rogers: Certainly you will see more bitcoin-related cards, both from independent startups and from existing wallet and exchange platforms.  More choice is good thing, although I’m not certain that companies seeking to provide debit cards understand the amount of work involved in launching and maintaining a card program.  Hopefully, they won’t find out the hard way.

I would also expect more players from traditional financials services to become more actively and visibly involved in card programs, although this might occur more in 2017 than 2016.

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