Prepaid Bitcoin has revealed the world’s first Bitcoin Rewards Program. The solution platform enables companies to harness the power of Bitcoin in a simple-to-use format that offers value to the recipient along with convenience and recognition to the organisation.
“The Bitcoin Rewards Program is an ideal solution for any type of incentive or promotional program,” Josh Agho explained. “It’s simple, convenient, and offers something of considerable value to whoever receives the card. It’s versatile and can be used for both customers and employees.”
Bitcoin Rewards cards can be denominated in either USD or CAD and can be pre-loaded with anywhere from one to five hundred dollars worth of Bitcoin. The cards can also be customized with a personalized design or logo. Additionally, users have the ability to add personalized names, expiration dates, and messages directly onto the cards. Once recipients receive their card, they can easily use it to pay online or in-store at any merchant that accepts Bitcoin.
Unlike Visa’s or Mastercard’s reward programs, users are not charged activation fees or transaction fees for using the card. This enables users to utilize 100% of their bitcoins. Card-holders may also opt to donate their bitcoins while other more bullish users may transfer the bitcoins to their personal wallet for safekeeping. The versatile cards can be leveraged effectively for event giveaways, sales incentives, loyalty rewards, performance recognition, corporate gifts, consumer promotions, and rebates.
Whitepapers
Related reading
2020 hailed “year of contactless” by payments study
By Richard Young The coronavirus crisis has caused a surge in mobile and contactless payments, driving consumers to make fewer but larger ... read more
Redefining remittances: Fintechs during coronavirus
By Daumantas Dvilinskas, CEO and co-founder, TransferGo According to new projections by the World Bank, remittances are set to decline by as ... read more
Crypto’s safe-haven status wavers amidst market crash
Perceptions that cryptocurrency performs autonomously from other markets is being questioned as bitcoin crashed by 50 percent on March 12. Market participants ... read more
COVID-19: our action plan
Dear reader, As the coronavirus pandemic spreads, we continue to hear and read unsettling stories from around the globe. At Payment Eye, ... read more