Bitflyer announced on Friday the launch of its yen-denominated bitcoin Visa prepaid card. Starting on October 6, customers can apply for Bitflyer-branded Visa prepaid cards, fund them with bitcoin and use them at any stores that accept Visa cards.
The cards are free to use, with neither a signup fee nor an annual fee, according to Bitflyer’s website. Customers can reload their cards via their Bitflyer accounts online or using a mobile phone app. Balances on the cards are displayed in Japanese yen.
Japan's Largest Bitcoin Exchange Bitflyer Launches Bitcoin Visa Prepaid CardThere is a limit of 30,000 yen per load, a monthly load limit of 120,000 yen and a lifetime load limit of 1 million yen per card. In addition, each card expires in 5 years and its balance cannot exceed 100,000 yen.
To commemorate the event, Bitflyer is conducting a drawing to give away gifts to 1,000 “Trade Class” customers who have signed up with confirmed transactions between October 6 and October 22. Bitflyer has two account classes; the Wallet Class and the Trade Class. Wallet Class users are not eligible to purchase or sell digital currencies.
Full story at http://bit.ly/2kxmfku
Source: Bitcoin News
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