Thursday, May 16, 2013

Use Bitcoins Indirectly for Purchases at Gap, Lowe's, Game Stop and Burger King

Last week, bitcoin payment processor BitPay announced a deal with Gyft, a seven-month-old Google Ventures-backed software app that lets users buy and upload retail gift cards to Android-based smartphones, reports CNN.

The partnership will allow customers to use bitcoins to buy gift cards for stores such as Gap, Lowe's, Sephora, GameStop, Burger King and over 200 other retailers.

The stores won't handle the bitcoin transactions themselves -- that's done by Gyft and BitPay -- it brings the number of locations where customers can effectively pay with bitcoins from around 8,000 nationwide to over 50,000, according to BitPay co-founder and CEO Tony Gallippi, according to CNN.

"This really does open the door to retail use of Bitcoin," said Gallippi. "I think it will drive adoption."

5 comments:

  1. I know this is a really dumb question, but why would I pay for something with a complex network of payment processors instead of just using my credit card?

    ReplyDelete
    Replies
    1. Privacy and tax evasion (a good thing)

      Delete
    2. I would suggest that the Gap, Burger King and other mainstream vendors aren't going to protect your privacy...and are not going to NOT charge you sales tax.

      The gov't has them by the balls.

      Delete
  2. If you think Bitcoin offers privacy, you clearly don't understand the system. It carries a complete history of anyone who has used it every transaction. Truly an NSA wetdream. Hell, the NSA probably built it...

    ReplyDelete
  3. VIRUS REMOVAL

    Is Your Computer Sluggish or Plagued With a Virus? – If So you Need Online Tech Repairs
    As a leader in online computer repair, Online Tech Repairs Inc has the experience to deliver professional system optimization and virus removal.Headquartered in Great Neck, New York our certified technicians have been providing online computer repair and virus removal for customers around the world since 2004.
    Our three step system is easy to use; and provides you a safe, unobtrusive, and cost effective alternative to your computer service needs. By using state-of-the-art technology our computer experts can diagnose, and repair your computer system through the internet, no matter where you are.
    Our technician will guide you through the installation of Online Tech Repair Inc secure software. This software allows your dedicated computer expert to see and operate your computer just as if he was in the room with you. That means you don't have to unplug everything and bring it to our shop, or have a stranger tramping through your home.
    From our remote location the Online Tech Repairs.com expert can handle any computer issue you want addressed, like:
    • - System Optimization
    • - How it works Software Installations or Upgrades
    • - How it works Virus Removal
    • - How it works Home Network Set-ups
    Just to name a few.
    If you are unsure of what the problem may be, that is okay. We can run a complete diagnostic on your system and fix the problems we encounter. When we are done our software is removed; leaving you with a safe, secure and properly functioning system. The whole process usually takes less than an hour. You probably couldn't even get your computer to your local repair shop that fast!
    Call us now for a FREE COMPUTER DIAGONISTIC using DISCOUNT CODE (otr214427@gmail.com) on +1-914-613-3786 or chat with us on www.onlinetechrepairs.com.

    ReplyDelete