Coindesk Logo

Bittylicious Adds Visa and MasterCard Credit Card Support

Bittylicious Adds Visa and MasterCard Credit Card Support

Bittylicious Adds Visa and MasterCard Credit Card Support

UK-based bitcoin buying service Bittylicious says the service will be initially limited to transactions in euros.

UK-based bitcoin buying service Bittylicious says the service will be initially limited to transactions in euros.

UK-based bitcoin buying service Bittylicious says the service will be initially limited to transactions in euros.

AccessTimeIconMay 14, 2014, 12:31 AM
Updated Aug 18, 2021, 2:54 PM

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

UK-based bitcoin buying and selling service Bittylicious has announced that EU citizens can now use Visa and MasterCard credit and debit cards to buy BTC via its platform.

Launched in June 2013, Bittylicious quickly grew in popularity among UK bitcoin users due to the difficulty posed by trading through popular international bitcoin exchanges.

Marc Warne, founder and director of Bittylicious, framed the new service as an extension of Bittylicious' goal of improving the experience of site users, saying:

"Bittylicious is designed to make the Bitcoin buying process as simple as possible, so we are thrilled to allow users to purchase simply by registering and entering their credit card details."

With the news, credit and debit card purchases join Bittylicious' growing list of payment options, which also includes bank transfers and mobile payments.

Service limitations

Bittylicious said that, at press time, payments can only be made via credit and debit card in euros, though this functionality extends to cards with other EU currencies or British pounds as the primary currency, provided the user is willing to pay a conversion fee.

Only cards enabled with 3D secure, a feature that allows a cardholder to authenticate themselves when making a payment, will be able to use the service.

Buyers will be limited to purchases of 240 euros per transaction. However, this restriction can be lifted provided buyers submit valid identification documents.

Upgrades forthcoming

Some service limitations will be lifted in the coming weeks, the company says, as it rolls out more features.

Bittylicious says that direct payments in British pounds will be available without fees in the upcoming weeks, though no official timeline for the rollout of this service was given.

For more on Bittylicious and its goals in the bitcoin marketplace, read our interview with Marc Warne.

Image via Bittylicious

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.