ON SEPTEMBER 20 the Spanish bitcoin payment platform, Bitnovo, announced residents from Spain can now purchase redeemable bitcoin cards at fifty Carrefour retail stores located across the country.
Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.
It’s the first example of a growing category of money known as cryptocurrency.
Start-up Bitnovo is continuing to expand throughout Spain, launching pre-loaded bitcoin cards that can be purchased at over fifty of the well-known Carrefour shops located in the country. Spain is Carrefour’s second most popular market next to France, with the company currently operating in more than 30 countries worldwide. The Carrefour redeemable bitcoin card sales are part of Bitnovo’s launch of over 4,000 new physical locations throughout Spain and the startup’s Visa brand bitcoin debit card.
“With our eagerness to continue bolstering cryptocurrency to all the corners of the planet we have launched a new product,” announced Bitnovo.
The Bitnovo redeemable bitcoin cards are available for purchase at the store’s gift card rack alongside restaurant coupons, iTunes cards and other retail store vouchers. The company says customers can buy the bitcoin cards with cash or credit card and without registration. To purchase a Bitnovo loaded bitcoin card, Spanish residents can go to one of the fifty partnering locations and select a card with the desired amount of funds. The company says the bitcoin cards can be redeemed instantly into any BTC-based wallet. In two steps, the user enters the PIN tethered to the purchased card alongside entering a forwarding bitcoin address.
“The gift card format is ideal to give as a gift and to initiate your relatives or friends into the exciting world of crypto currency,” Bitnovo said. “With our cards, you do not have to keep bitcoin with us; you can store it in your favourite wallet and just convert the bitcoin when necessary. It’s a very quick process, with no logins or registrations, as simple as it gets.”