View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
  2. Company news
October 9, 2017

Japan’s bitcoin exchange Bitflyer rolls out Visa-branded prepaid card

Bitflyer, a Japan-based bitcoin exchange, has rolled out its Yen-denominated bitcoin Visa-branded prepaid card.

Dubbed Bitcoin Visa Prepaid Card, the card allows users to top up the card using Bitflyer or other bitcoin wallets and use them at any retail outlets that accept Visa cards.

The new reloadable card allows cardholders to load JPY30,000 ($266.4) in one go. It has a monthly load limit of JPY120,000 ($1,065.7) and a lifetime load limit of JPY1m ($8,882) per card.

The card, which does not charge any sign-up fee and annual fee, has a life span of five years and its balance cannot exceed JPY100,000 ($888).The balance will be displayed in Japanese Yen.

Customers are required to apply online in order to get a Bitflyer Visa prepaid card.

In September 2017, Bitflyer obtained a license from the Japan Financial Services Agency (FSA) to operate as a registered virtual currency exchange.

Topics in this article: , , , ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International