In its announcement Xapo said, “Your Xapo Debit Card automatically links to your Xapo Wallet and allows you to pay for everyday expenses, products and services directly from your card.” This is just beginning of new era in Bitcoin which is all set to become the future of digital money despite all troubles in front of it.
The one problem that customers often face is when want to buy anything they need to scan a QR code with their phone or email a long Bitcoin address to the seller that accepts Bitcoin. However, there won’t be any such problem now as Xapo has brought in debit card which will act similar to the ones issued by Visa or MasterCard.
The company says that customers now have one card that they can use everywhere without restrictions. Xapo offers online Bitcoin wallets as well and says that it provides safe and secure storage facility for Bitcoin owners. The company in its announcement says that Bitcoin debit card is just two months away.
Xapo believes that in two months it will be able to introduce the first debit card that will let customers spend their digital currency at any place that takes Visa or MasterCard. A lot of feedback has been received by the company from the users who believe that it is an indication that Bitcoin is going up and becoming popular thanks to such technologies.