Place/Date: London - April 25th, 2018 at 8:28 pm UTC · 2 min read
Contact: Jegor Nagel, Source: Bonpay
In late October 2017 BonPay launched their token sale and gathered more than 10 000 000 USD to create a full-fledged cryptocurrency payment system. Now Bonpay are ready to report on how they are putting the money to good use.
Bonpay Wallet is great for storing cryptocurrency, but what about spending it? While Microsoft or Virgin Group do accept Bitcoin, people do not buy software all that often. At least, not as often as they grab a cup of coffee at a corner cafe. Which, coincidentally, is impossible to do with Bitcoin.
That’s where the Bonpay Card comes in. It’s the easiest way to convert cryptocurrency into the fiat money – just transfer the coins from the wallet to the card and spend it at any terminal. Just like any other MasterCard or VISA cards, Bonpay Card will be accepted everywhere.
At the moment, Bonpay are more than a halfway in the Bonpay Card creation process. After finding a reliable card provider, and setting up partnership. Bonpay are currently handling the myriad of legalities necessary to design and issue the card.
The first 20 000 cards will be ready on Summer 2018. Pre-orders are available at Bonpay.com.
Disclaimer: Bonpay is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.