Post
Topic
Board Bitcoin Discussion
Re: Shift - Bitcoin Visa Card - now available in the US
by
OrientA
on 21/11/2015, 14:50:40 UTC
Very nice to use Bitcoin like that. But how do they make money with this?

In the future, the fee will be applied. If this card is popular, they can also charge retailers a fee. The fee can be lower than other credit cards. The fee can be 1% compared to 3% of other cards.
Coinbase has a first mover advantage. It can help the adoption of bitcoin and make coinbase come profit.