Would you like to pay for your morning coffee with your credit card or your bitcoin wallet?
If San Francisco-based start-up Shift Payments has its way, you’ll soon be able to switch from real money to digital currency when paying with a single card.
The company is beta testing 100 cards with friends and family members. It allows users to make purchases with accounts from Coinbase—a bitcoin exchange—and Ripple—a digital payment exchange protocol that can support real and digital currency.
While the card does not currently access bank or credit accounts (just bitcoin accounts for now), co-founder Meg Nakamura says Shift Payments is trying to make that happen soon.
“We are having conversations with U.S. banks to see if we can get them comfortable,” she said. “They are very, very interested. It’s just a timing issue. So we are building out the product with the partners we have right now.”
(keep reading at cnbc.com)