You regularly shop in Whole Foods and have Bitcoins but don’t want to convert them into dollars? What you may want to do is simply buy a WF gift card with Bitcoins and take it with you on your next shopping trip.
Accepting Bitcoin since 2013
Gyft is one place to buy such gift cards. In fact, Gyft has been offering Whole Foods cards since 2013.
The leading gift card platform, Gyft allows not only to buy, but also send and redeem gift cards. The company accepts Bitcoin payments, converts Bitcoins to dollars through BitPay, and you get a gift card with the equivalent amount in USD on it. You can do this straight from your mobile device. And good news is they do not charge any fees when you shop with Bitcoin.
A growing gift cards market
In an interview with Coindesk, Gyft CEO Vinny Lingham noted that gift cards are gaining popularity with parents who don’t want to share financial information with their children, or want to protect that information from data breaches.
“Privacy is important, and the gift card market is a way to offer that. If you want privacy, you can use Bitcoin and PayPal with us,” said Mr. Lingham.
Buying Gyft cards is easy
Buying a gift card with Gyft is simple: just select a retailer from the long list of available options, choose the value of the gift card, and pay for the gift card with any accepted payment method, such as Bitcoin. Once you have selected Bitcoin, a BitPay invoice will be generated. You can purchase cards on the website, or in their sleek, well-designed iOS or Android app.
In such a simple way anyone can shop with Bitcoins at an array of retailers, despite the fact that the retailer may not accept Bitcoin in-store. Other popular brands include Amazon, Walmart, Best Buy, Starbucks, Target, Gap, Home Depot, GameStop and more.
Gyft also cooperates with businesses, allowing them to easily purchase gift cards in bulk to reward their employees or loyal customers.
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