Share this article
Bittylicious Adds Visa and MasterCard Credit Card Support
UK-based bitcoin buying service Bittylicious says the service will be initially limited to transactions in euros.
By Pete Rizzo
Updated Sep 11, 2021, 10:45 a.m. Published May 14, 2014, 12:31 a.m.
Make us preferred on Google
UK-based bitcoin buying and selling service Bittylicious has announced that EU citizens can now use Visa and MasterCard credit and debit cards to buy BTC via its platform.
Launched in June 2013, Bittylicious quickly grew in popularity among UK bitcoin users due to the difficulty posed by trading through popular international bitcoin exchanges.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Marc Warne, founder and director of Bittylicious, framed the new service as an extension of Bittylicious' goal of improving the experience of site users, saying:
"Bittylicious is designed to make the Bitcoin buying process as simple as possible, so we are thrilled to allow users to purchase simply by registering and entering their credit card details."
With the news, credit and debit card purchases join Bittylicious' growing list of payment options, which also includes bank transfers and mobile payments.
Service limitations
Bittylicious said that, at press time, payments can only be made via credit and debit card in euros, though this functionality extends to cards with other EU currencies or British pounds as the primary currency, provided the user is willing to pay a conversion fee.
Only cards enabled with 3D secure, a feature that allows a cardholder to authenticate themselves when making a payment, will be able to use the service.
Buyers will be limited to purchases of 240 euros per transaction. However, this restriction can be lifted provided buyers submit valid identification documents.
Upgrades forthcoming
Some service limitations will be lifted in the coming weeks, the company says, as it rolls out more features.
Bittylicious says that direct payments in British pounds will be available without fees in the upcoming weeks, though no official timeline for the rollout of this service was given.
For more on Bittylicious and its goals in the bitcoin marketplace, read our interview with Marc Warne.
Image via Bittylicious
More For You
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
Bitcoin pulls back to as low as $81,000 as horrendous day continues
The world's largest cryptocurrency has shed nearly $10,000 over the past 24 hours, now threatening to take out its recent November low just under $81,000.
What to know:
- Bitcoin (BTC) continued to quickly decline in the U.S. evening hours on Thursday, the price falling all the way to $81,000.
- More than $777 million in leveraged crypto long positions were liquidated in the space of one hour.
- Comments from President Trump caused a surge in Polymarket betting odds on Kevin Warsh becoming the next Fed chair, perhaps disappointing some traders who hoped the more dovish Rick Rieder would be selected.
Top Stories
