Introducing the Shift Card: Use Bitcoin where Visa is accepted

#1

Post by ntomaino » Fri, Nov 20, 2015, 2:02 PM UTC

Introducing the Shift Card: Use Bitcoin where Visa is accepted
blog.coinbase.com

Re: Introducing the Shift Card: Use Bitcoin where Visa is accepted

#2

Post by k2enemy » Fri, Nov 20, 2015, 2:47 PM UTC

I couldn't find any mention on the website -- does it support one time numbers for online transactions? If not, I'd be very reluctant to use it. One breach and your bitcoin account is gone.

Re: Introducing the Shift Card: Use Bitcoin where Visa is accepted

#3

Post by maxerickson » Fri, Nov 20, 2015, 2:51 PM UTC

I love it, use your bitcoin without all the hassle of making a transaction on the blockchain.

Re: Introducing the Shift Card: Use Bitcoin where Visa is accepted

#4

Post by seeingfurther » Fri, Nov 20, 2015, 2:52 PM UTC

Taylor Shift chuckles

Re: Introducing the Shift Card: Use Bitcoin where Visa is accepted

#5

Post by ianhawes » Fri, Nov 20, 2015, 2:53 PM UTC

k2enemy wrote: post #2

I couldn't find any mention on the website -- does it support one time numbers for online transactions? If not, I'd be very reluctant to use it. One breach and your bitcoin account is gone.

You'll have all the rights of a Visa cardholder, such as the ability to file a chargeback.

Re: Introducing the Shift Card: Use Bitcoin where Visa is accepted

#6

Post by antaviana » Fri, Nov 20, 2015, 2:53 PM UTC

k2enemy wrote: post #2

I couldn't find any mention on the website -- does it support one time numbers for online transactions? If not, I'd be very reluctant to use it. One breach and your bitcoin account is gone.

Nerver used bitcoin, but cannot you simply create another bitcoin account for petty cash VISA transactions and transfer funds when need be?

Re: Introducing the Shift Card: Use Bitcoin where Visa is accepted

#7

Post by lucaspiller » Fri, Nov 20, 2015, 2:57 PM UTC

maxerickson wrote: post #3

I love it, use your bitcoin without all the hassle of making a transaction on the blockchain.

What is we could buy things without having to deal with banks? I have an idea...

Re: Introducing the Shift Card: Use Bitcoin where Visa is accepted

#8

Post by Tortoise » Fri, Nov 20, 2015, 2:59 PM UTC

"The default PIN is the last four digits of your registered mobile phone number. Please call Shift support at 800-897-0717 to reset your Shift Card pin."

That's a terrible idea. This isn't a library card. You're PIN shouldn't be known by anyone who knows your phone number.

Re: Introducing the Shift Card: Use Bitcoin where Visa is accepted

#9

Post by celticninja » Fri, Nov 20, 2015, 2:59 PM UTC

will be interesting to see if they can make this available internationally.

Re: Introducing the Shift Card: Use Bitcoin where Visa is accepted

#10

Post by noamsml » Fri, Nov 20, 2015, 2:59 PM UTC

ianhawes wrote: post #5

k2enemy wrote: post #2

I couldn't find any mention on the website -- does it support one time numbers for online transactions? If not, I'd be very reluctant to use it. One breach and your bitcoin account is gone.

You'll have all the rights of a Visa cardholder, such as the ability to file a chargeback.

Are you sure? This is debit, not credit. I believe your rights with debit a fair bit weaker (might depend on issuer though).