05 Jun '13, 4am

Gift Cards Serve As Bridge From Bitcoin For Retailers: #Bitcoin

Gift Cards Serve As Bridge From Bitcoin For Retailers: #Bitcoin

for dozens of national brands in the U.S. and also sells mobile vouchers (e-cards) for instant payment at thousands of local retailers. The Lyoness brand offers merchant loyalty programs globally but the only path from Bitcoin to the gift cards is in the U.S. thanks to Dwolla, which is one of the methods to add funds to a Lyoness account. Bitcoins can be cashed out to USDs through Camp BX exchange and then withdrawn as Dwolla — no bank account is needed. Registering for a Lyoness account requires a referrer, obtained either by visiting one of the Lyoness merchants designated as an SME Merchant or by requesting a referral from another Lyoness member such as Bitcoiner EndTheFed321 . Full disclosure: Your referrer will receive cash back (commission) on each gift card you purchase from Lyoness.

Full article: http://www.bitcoinmoney.com/post/52164422060/gift-cards-s...

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