11 Dec '12, 2am

French company to issue debit cards linked to bitcoin

December 10, 2012, 9:10 PM — A small company in France plans to make bitcoin easier to handle early next year by issuing debit cards linked to payment accounts that can accept the alternative currency. The Paris-based company, Paymium , has operated a website called Bitcoin-Central since 2010 where people can purchase bitcoins, an electronic currency that uses peer-to-peer networking and cryptography to securely transfer funds around the world within an hour. Bitcoin enthusiasts gush on forums about the potential for it to replace government-issued money. But Paymium's "ultimate goal is to offer banking services at a lower cost than the traditional banking system," said CEO and co-founder, Pierre Noizat, in an interview by phone on Monday. Transferring bitcoins to someone is as easy as sending an email using a compatible software client, such as Bitcoin-QT. A bitcoin is es...

Full article: http://www.itworld.com/it-management/327273/french-compan...

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