Leading London-based Bitcoin service provider SpectroCoin has rolled out a major update to its prepaid Bitcoin debit card. Beginning March 2017, the SpectroCoin prepaid Bitcoin debit card supports a total of 41 Cryptocurrencies.
SpectroCoin entered the market three years ago with their Bitcoin debit card, to help meet the everyday needs of Bitcoin users. Since then the company has been working towards large-scale support for multiple currencies and an increased focus on expanding payment methods and services.
The SpectroCoin prepaid Bitcoin debit card acts as a practical alternative to traditional fiat debit cards as they can offer the same flexibility. The Bitcoin debit card can be used at any ATM or terminal that accepts VISA or MasterCard and is available in over 120 different countries across the globe. The service offers users a very attractive fee structure, with no loading fees, a monthly fee of $1.00 USD, and a cost of $9.00 USD for the physical debit card.
SpectroCoin’s new announcement follows the recently added support for popular cryptocurrency DASH. Users of SpectroCoin can now take advantage of the DASH wallet to send, receive payments and top-up their prepaid cards with the currency.
SpectroCoin also helps businesses to receive DASH payments from customers and receive the settlement in fiat currencies (USD/GBP/EUR), through the application of merchant APIs and shopping cart plugins. DASH solutions have gained a lot of traction in the recent days following an increase in adoption.
Users will now be able to choose from an extensive range of alternative currencies when they load their Bitcoin debit cards via their SpectroCoin online wallets. Users will also be able to top up their SpectroCoin debit cards with their preferred cryptocurrency and use it at ATMs, pay vendors, or withdraw using any of the multiple available methods. Some of the popular altcoins supported by the new service include the likes of Ethereum, Monero, LiteCoin, ZCash, Auger and of course DASH.
SpectroCoin Finance Ltd is committed to developing innovations for electronic payments to meet the needs of a rapidly expanding industry. The company plans to monitor developments in the cryptocurrency industry while progressing the company’s mission to deploy more payment solutions and extend support to new currencies as the demand increases. The introduction of new altcoins is a huge step for SpectroCoin towards achieving its vision.
Images courtesy of SpectroCoin, AdobeStock