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News Link • Bitcoin

Gyft Opens Bitcoin Acceptance to 50,000 Merchant Locations

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Through a partnership with Bitcoin payment processor BitPay Inc., Gyft now accepts bitcoins for its mobile gift card product. This extends the virtual currency's reach to more than 50,000 retail locations.

"The biggest issue with Bitcoin to date is: Where do you spend these bitcoins?" says Vinny Lingham, CEO of Gyft.


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