News

Airbitz adds Fold app to enable Bitcoin payments at Starbucks and Target

Thursday 17 December 2015 13:11 CET | News

Airbitz, a mobile Bitcoin wallet, has integrated Fold, the Starbucks gift card app that accepts Bitcoin payments, into its own app.

The Fold app also allows users to receive discounts at Target and Whole Foods Market. Many Bitcoin users already take advantage of the discounts Fold provides for Starbucks gift cards; users get a 20% discount paying with Bitcoin.

By using Airbitz’s buy-and-sell feature, users can link the service to their bank account and buy gift cards directly. In addition to these discounts, the Airbitz app also allows customers to buy and sell Bitcoin through Glidera, another Bitcoin wallet.

Under “settings” in the Airbitz app is an option to select “buy/sell/spend.” The settings are on the left side for Android devices and on the right side for iOs. Users can then select either up to 20% off on Starbucks or 20% off on Target. Funds can be added by selecting the desired amount for a gift card. Leftover funds can be credited back to the Airbitz app.

Starbucks customers can load Bitcoin onto the Fold app, which then transfers the purchase amount from the customer’s Bitcoin wallet to a virtual Starbucks gift card. The customer then takes their smartphone to Starbucks and has the barcode scanned by a barista. Fold sends refunds to the customer’s wallet.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Bitcoin, mining, cryptocurrency, digital currency, online payments, online security, online transactions, Airbitz, Fold, Starbucks, Target
Categories: DeFi & Crypto & Web3
Companies:
Countries: World
This article is part of category

DeFi & Crypto & Web3






Industry Events