BitFlyer released prepaid Visa cards

Now customers of the largest Japanese cryptoexchange will be able to prepaid Visa card with Bitcoins
08 October 2017   2491

The largest Japanese crypto exchange bitFlyer has provided users with the opportunity to use prepaid Visa cards. This is reported by Bitcoin.com.

A new option appeared thanks to the cooperation with the Vandle Card. Users will be able to replenish the card with bitcoins on the bitFlyer website or through third-party cryptowallets. Also, according to the representatives of the exchange, the first 1000 users of the new service will receive gifts. The opportunity to order a card appeared on October 6.

Holders of prepaid cards from bitFlyer will be able to pay for goods and services at any outlet that accepts Visa cards. Also, representatives of bitFlyer noted that the company will not charge fees for the issue and maintenance of the card. You can top-up the balance on the website of bitFlyer or via the mobile application. The currency of the card is displayed in Japanese yen.

As for the limits, within a month, 30,000 yen (about $ 267) can be added to the card, for the entire period of use - 1 million yen ($ 8879). In this case, the balance should not exceed 100 thousand yen. The card is valid for five years.

Lightning Network Wallet by Breez to be Out For iOs

Solution is based on the lightweight client called Neutrino and it wallet supports Submarine Swaps technology
18 June 2019   215

The Breez payment platform introduced a non-custodial wallet for iPhone that supports the Lightning Network protocol.

The basis of the new product is a lightweight client Neutrino. It is also known that the wallet supports Submarine Swaps technology, which makes it possible to conduct transactions between online addresses and the Lightning Network.

The company's blog says that immediately after installation, the application automatically connects the channel to the so-called Breez hub connected to other Lightning nodes, which allows the user to conduct transactions with any participants in the second-level network. In addition, according to the founder of the company, Ron Scheinfeld, the possibility of a refund is provided in the event of challenging purchases.

In a Lightning economy, people trade money for goods and services. Intermediaries — banks, credit cards, online payment processors, and custodians of any kind — are obsolete. All that remains are the people, trading with each other anywhere, anytime, free to do what each of them thinks is best with their own money. Scale is no longer a concern. Transactions are virtually instantaneous and practically free. The people are free too. Finally.
 

Roy Sheinfeld
Co-Founder and CEO, Breez

The company also noted that within only two months after the release of the version for Android, Breez benefited from "hundreds of users." Currently, the wallet is in beta.

On the eve of the release of the iOS application, the startup managed to attract $ 500,000 from Recruit Strategic Partners and Fulgur Ventures. The funds will be used to develop an application for merchants, allowing them to accept Lightning-payments.