Canadians and Filipinos sell digital currency on plastic carriers



Canadian company and the company from Philippines decided to sell bitcoins using prepaid cards.

The campaign, entitled Prepaid Bitcoins was established in April 2014 and is registered in Ontario. The main business of the company is the sale of prepaid cards, which contain code for bitcoins.

The company offers cards in denominations of 10, 20, 50, or 100 dollars. They can be ordered by mail or available in electronic version. Each card contains a bitcoin address and a special code that must be entered in a special field of online Prepaid Bitcoins. The client company can send bitcoins received at the address of client’s bitcoin wallet.

"We recommend that you transfer bitcoins on a secure platform of your choice. Please select the storage method that is most convenient for you, "- noted in the company.

Bitcoin is credited to the customer's account at the exchange rate at the time of activation of the card. This course on the company's website is different from the usual. In addition, the company's website doesn’t have news, as well as a report on the first year of the project.

Meanwhile, a similar service under a similar name was recently launched in the Philippines. The company offers to buy Prepaidbitcoin.ch cards denominated in Philippine pesos, which operate on the same principle as that of the Canadian counterparts. There are card denomination of 200, 500 and 1,000 pesos in sale.

The company is now looking for partner stores to expand the sales network. In contrast to the Canadian company, the peso exchange rate corresponds to the rate of Bitcoin CoinDesk. However, due to the short period of existence of talk about the success of the company is premature.


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