30 Aug '15, 2pm

Gyft Co-founder: Bitcoin Payments Have Decreased by 80%

Gyft Co-founder: Bitcoin Payments Have Decreased by 80%

When digital card platform Gyft first integrated bitcoin payments, they accounted for 90% of the company's sales, with PayPal and credit cards making up the remaining 10%, but this has all changed, according to the firm's co-founder and CEO Vinny Lingham. The California-based company integrated bitcoin payments in 2013 and initially saw a trend for this payment method, but this has since reversed – PayPal and credit card purchases now account for 90% of sales. Regardless, Lingham continues to be fascinated by bitcoin. In fact, it's fair to say his personal fascination with the digital currency led to Gyft offering it as a payment option in the first place. Lingham told CoinDesk: "The reason we started [accepting bitcoin payments for gift cards] is because I am a bit of a bitcoin fanatic and being the CEO and co-founder is kind of one of those things where you build the com...

Full article: http://www.coindesk.com/gyft-co-founder-bitcoin-payments-...

Tweets

Gyft Sees Bitcoin Usage Drop By 80%

Gyft Sees Bitcoin Usage Drop By 80%

cryptocoinsnews.com 31 Aug '15, 7pm

229 SHARES Twitter Linkedin Facebook Pinterest Google Reddit Photo Credit: Wikipedia According to Vinny Lingham, CEO of di...

Barclays to Begin Offering Bitcoin Payments for...

bitcoinmagazine.com 31 Aug '15, 3pm

Barclays is about to become the first mainstream bank to openly and directly support bitcoin transactions, The Sunday Time...

Gift Cards On-The-Go with Bitcoin on CardCash B...

newsbtc.com 30 Aug '15, 10am

Do you have bitcoins and don’t know how to spend it on one of the large format stores or an e commerce site that does not ...

#ikajo #payments #fintech

#ikajo #payments #fintech

nfcworld.com 01 Sep '15, 3pm

WRISTBAND TO RIDE: A Singapore commuter uses an SG50 SmartBand at a card reader Commuters in Singapore are testing a conta...

CardCash Adds Bitcoin Payments for Gift Cards a...

bitcoinmagazine.com 28 Aug '15, 3pm

CardCash , an American online company that buys and sells discounted gift cards from thousands of national retailers, has ...

Photo: * CardCash Adds Bitcoin Payments for Gif...

au.uknewse.com 28 Aug '15, 11pm

Breaking AU Breaking AU news, videos, photos, and updates on the stories making national news. Posted 29 minutes ago * Car...

A crypto-currency world: Why Gyft's CEO says bitcoin makes sense for ... - New York Business Journal

A crypto-currency world: Why Gyft's CEO says bi...

bizjournals.com 10 Sep '15, 8pm

What's the practical use of bitcoin? There are plenty of legitimate answers to that question, as today's Consensus confere...

PayPal Announces Launch of PayPal.Me Peer-to-pe...

bitcoinmagazine.com 01 Sep '15, 3pm

Receiving money from a friend, client or anyone else on PayPal just got a little bit easier. Today, the company announced ...

Barclays to start accepting bitcoin - EconoTimes

econotimes.com 31 Aug '15, 4am

Barclays has recently announced that it will start accepting the controversial digital currency, bitcoin, later this year,...

Mumbai-Based Pointshelf Unveils Plans to Add Bitcoin Payments

Mumbai-Based Pointshelf Unveils Plans to Add Bi...

gadgets.ndtv.com 02 Sep '15, 1pm

Mumbai-based Wallet based mobile payments app Pointshelf announced plans to integrate Bitcoin wallets on Twitter Wednesday...

Bitcoin Interest Grows in India From Cross-Bord...

bitcoinmagazine.com 26 Aug '15, 5pm

Tech giants including Microsoft and IBM have been supporting Bitcoin startups, conferences, accelerators and developers in...

Founder of Bitcoin exchange MtGox charged with embezzlement

Founder of Bitcoin exchange MtGox charged with ...

telegraph.co.uk 11 Sep '15, 3pm

He was later rearrested for allegedly pocketing about 321m yen (£1.7m) worth of Bitcoin deposits, extending an initial thr...

Payments Vets Join Brazilian Blockchain Startup

Payments Vets Join Brazilian Blockchain Startup

coindesk.com 04 Sep '15, 9pm

Brazil-based bitcoin startup Rippex has announced the former founders of digital payments gateway PagSeguro have joined it...