Bitk.in allows consumers to spend Bitcoin and Litecoin at retailers like Amazon.com, Walmart and Home Depot.
PRLog - Feb. 11, 2014 - DURHAM, N.C. -- Bitk.in is plugging the gap in Internet currencies. Now you can shop at major retailer, get to the checkout process, pay with Bitcoin, and within a few minutes, get a code to pay for your order.
Users of Bitk.in can get up to 10% off some vendors, even on in-store purchases, like Starbucks and Home Depot.
"Integrating with Bitcoin was easy, it's working with vendors that's hard."
Because gift cards are a liquid asset, most gift card vendors require users to wait days for identity verification and fraud prevention, and even then they have problems with credit card fraud. Bitk.in's rapid delivery demonstrates how internet currencies can enable new frontiers of low margin, high risk ventures.
"This was written, primarily, to show how Internet currency can be a game changer in some sectors."
Bitk.in uses CoinBase, a service that allows instant transaction clearance, and LiteAPI, a litecoin merchant tool.
Bitk.in currently supports Amazon, Walmart, GameStop, Home Depot, Starbucks and the Gap.
Contact press@bitk.in for more information.
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Bitk.in - Spend Bitcoin at Amazon.com
February 11, 2014 at 04:35 AM EST
