The BitPay Card can be used anywhere Mastercard can be used, including with DoorDash and Uber Eats, according to a post on BitPay’s blog.
“Use the card with DoorDash, Uber Eats, GrubHub and any other food delivery service. You can even order food delivery with your local restaurants that use their own delivery service,” the post states.
BitPay states in the post that its card allows “fee-free instant conversation of bitcoin or more than a dozen other other cryptocurrencies into dollars every time you swipe.”
Once approved, BitPay account-holders get virtual Mastercard debit cards that can be used at “millions of retailers,” according to the company. Account-holders also can use Apple Pay or Google Pay for in-person transactions.
BitPay suggests in the blog post that there are several ways to use the cards to order food from delivery companies if using a BitPay card as a Mastercard isn’t a good option. They include buying gift cards for the food delivery companies with the card or using service such as Menufy or Takeaway.com.
BitPay states on its website that the cryptocurrencies that cardholders can use with their accounts include: bitcoin, ethereum, bitcoin cash, dogecoin, Shiba Inu, litecoin , XRP, Dai, wrapped bitcoin, Gemini USD, USD Coin, and Binance.
In a recent research report produced by a cooperation of PYMNTS and BitPay, “Paying With Cryptocurrency: What Consumers and Merchants Expect From Digital Currencies,” one of the findings was that for all the activity around cryptocurrencies, businesses and individuals aren’t using them much for transactions. Nevertheless, the report found, merchants are preparing for cryptocurrency transactions.
Read more: Market Madness Derails Crypto Industry’s Payments Ambitions — for Now
NEW PYMNTS DATA: HOW UTILITIES AND CONSUMER FINANCE COMPANIES CAN ENHANCE THE BILL PAYMENTS EXPERIENCE
About: More than half of utilities and consumer finance companies have the capability to process all monthly bill payments digitally. The kicker? Just 12% of them do. The Digital Payments Edge, a PYMNTS and ACI Worldwide collaboration, surveyed 207 billing and collections professionals at these companies to learn why going totally digital remains elusive.