"Cards are printed with fiat values of 10,000, 30,000 and 50,000 South Korean won (approximately $10, $30 and $50). To protect against theft and deal with bitcoin's unpredictable price, the cards are activated only at point-of-sale...."
The BTC is purchased at market rates when the card-buyer checks out, that is great.
Topic: [2015-01-15] CD: Coinplug to Roll Out Convenience Store Bitcoin Scheme (Read 423 times)
January 15, 2015, 01:03:29 PM
January 15, 2015, 10:37:56 AM
Coinplug to Roll Out World's Biggest Convenience Store Bitcoin Scheme
South Korean bitcoin services company Coinplug is rolling out pre-paid bitcoin gift cards to around 24,000 convenience stores across the country, with 8,000 7-Eleven stores already participating.
The company says its 'okBitcard' offering will be on sale in other major chains by the end of January. With those numbers, it will be the most widespread distribution of its kind in the world to date.
http://www.coindesk.com/coinplug-sell-bitcoin-cards-24000-korean-convenience-stores/
good idea. waiting for this since 1 year.
South Korean bitcoin services company Coinplug is rolling out pre-paid bitcoin gift cards to around 24,000 convenience stores across the country, with 8,000 7-Eleven stores already participating.
The company says its 'okBitcard' offering will be on sale in other major chains by the end of January. With those numbers, it will be the most widespread distribution of its kind in the world to date.
http://www.coindesk.com/coinplug-sell-bitcoin-cards-24000-korean-convenience-stores/
good idea. waiting for this since 1 year.
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