bit.ly/1BS2Vzd - YesToBitcoins Lets Customers Pay Their Credit Card Bill With Bitcoin. -- Nearly every Bitcoin enthusiast would love nothing more than to pay his/her bills with Bitcoin. For some services, this might be possible already, but more common bills still require a fiat currency payments. Credit card bills can now be paid in Bitcoin as well, thanks to YesToBitcoins. YesToBitcoins is a Canadian bitcoin startup company, and they are now giving customers the option to use Bitcoin as a payment method for their credit card bills. Offering such a service will definitely shake up the current economic system as we know it, and allows Bitcoin to take the competition to the more traditional fiat currencies. When YesToBitcoins launched in June of this year, they originally offered customers a way to purchase select popular gift cards in exchange for Bitcoin. Their offering of gift cards included the likes of Amazon, Decathlon, Zara, Starbucks, Itunes and many others. Just recently, the YesToBitcoins now offers the ability to pay your credit card bills with Bitcoin. This service is available for all Canadian credit cards, including four different kinds of American Express cards, 33 different VISA cards and 23 different Mastercards. All of these credit cards are usually only payable with traditional fiat currency. “The idea came from asking, why can’t I use Bitcoins to pay my credit card bill? The technology is already here, so why do I have to wait until the banks catch up? It is my goal to facilitate the inclusion of bitcoins in the established economy. If anything you put on your credit card, can be paid with bitcoins, then anything you buy can be paid with bitcoins.”-Darwin Ramon, YesToBitcoins Creator & Bitcoin Enthusiast In order to process Bitcoin payments, YesToBitcoins has partnered up with BitPay, one of the most popular bitcoin payment processors to date. BitPay will be used to calculate the bitcoin equivalent of the owed amount in Canadian dollar. A partnership with PC Financial Bank is also in place, which will facilitate the credit card bill payments. Bitcoin has seen a huge increase in adoption during this year, as major companies such as Microsoft, Dell, Expedia and others are now accepting Bitcoin Payments. By giving Canadian credit card owners the option to pay their bills with this popular digital currency, the future is definitely looking bright for Bitcoin. Will you pay your bills with Bitcoin using YesToBitcoins? Source : bit.ly/130DKvr The post YesToBitcoins Lets Customers Pay Their Credit Card Bill With Bitcoin appeared first on Bitcoinist.net. --(Published @ December 16, 2014 at 01:00AM by bitcoins.am Instant Real-time Bitcoin News Aggregation Source- From: ) #bitcoinnews
Posted on: Tue, 16 Dec 2014 06:36:35 +0000
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