Bitcoin debit card two months away according to Xapo

A Bitcoin debit card could be as close as two months away, according to a US company.

A Bitcoin debit card could be as close as two months away, according to a US company.

Xapo, a provider of online Bitcoin wallets, claims it is the first company to link users’ online Bitcoin wallet to a card rather than requiring them to pre-load a card with Bitcoins.

According to the company, it is just two months away from introducing a card that will work at any merchant or retailer that accepts Visa or MasterCard.

"You just have one card that you can use everywhere without restrictions," said Wences Cesares, Xapo’s founder.

Although Xapo says the card is just two months away from launching, the firm is still deciding which payment network it will use.

Cesares says the company is testing MasterCard, Visa and Discover.

"I think it’s most likely MasterCard, but there’s still a chance that it will be another," he added.

The company will issue a debit card number and expiration date but charge $15 for a physical card.

 

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