SANTA MONICA, Calif., March 26, 2019 /PRNewswire/ -- Digits.io, the first blockchain technology offering the ability for any credit or debit card to be used as a cryptocurrency card, announced today that it has launched is core technology.
Digits hopes to bridge the gap between the complexity of crypto currencies and simple spending on Credit Cards by creating a bridge between the two. The Digits technology allows any credit or debit card to be turned into a crypto card when consumers are using their card at merchants that have signed up to the Digits platform.
Along with releasing their product, which can be accessed at digits.io they have also released their API which allows any merchant to integrate into the digits platform. Digits will also be building "plug ins" for popular ecommerce platforms like BigCommerce.
Despite the challenging market conditions in Crypto and Blockchain products over the last year, Digits has continued to develop their products and services and todays release is a testament to the continuing power of the technology.
About Digits:Digits aim is to make it so that people can make purchases using cryptocurrency funds with the same convenience they are used to with their existing debit and credit cards. The company does not issue a new card to spend cryptocurrency. Rather it makes it so that any existing debit or credit card is compatible with crypto money and fiat money. The transaction does not require vendor interaction, so the card works at any online or in-person vendor that accepts major credit cards.
This exciting technology is suitable for both the consumer as well as the merchant; the consumer continues to purchase with their card the way they always have, and the merchants experience the same settlement times, processes and fees.