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.
New features and updates
- Mobile version. While IOS and Android apps are in the pipeline, at Bonpay they understand that not everyone wants to install a lot of apps. Now users can access a mobile version of Bonpay Wallet on a phone, tablet or any other device.
- Major platform upgrade – Bonpay have refactored the back-end to make further updates and improvements easier.
- Altcoins – Finishing the preparations to add Litecoin and Ethereum to the Bonpay ecosystem. The ETA is late May 2018.
- iOS, Android apps – Started development of the Android and iOS versions of Bonpay Wallet. The ETA is July 2018.
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.