SNAPCARD Launches Wallet Offering, Allowing for Bitcoin Buying Via Credit, Debit or ACH

SNAPCARD has launched a Bitcoin-wallet offering to complement its merchant integration service. The wallet will include features including transactability via QR

SNAPCARD has launched a Bitcoin-wallet offering to complement its merchant integration service. The wallet will include features including transactability via QR code, SMS or email, transaction history and price quotes.

Using a browser plugin, the company lets you pay for virtually anything with digital currency, even your tax bill. They recently launched a service allowing merchants to accept bitcoin, litecoin, dogecoin as well as Ripple, a rarity for crypto payments. Merchants have access to embedded iFrames and a point-of-sale app. A flat 0.5% fee is charged on transactions, and fiat is deposited into the merchant’s bank account the next day.

Join the iFX EXPO Asia and discover your gateway to the Asian Markets

Suggested articles

Trading Places: Finding The Best Jurisdiction for Your BrokerageGo to article >>

The wallet app will also allow you to buy bitcoin, litecoin or dogecoin straight from your bank account (via ACH) or via credit/debit. Ninety-nine percent of client funds are kept in cold storage.

SNAPCARD states to offer 24/7 customer support via live chat, phone and email–somewhat a novelty in the cryptocurrency startup space.

Late last year, the startup secured $1.5 million in funding and launched a promotion to bring bitcoin to merchants in San Francisco.

Got a news tip? Let Us Know