STRIKING PREPAID GOLD BULLION BACKS NEW CARD
Updated: Apr 17
December 15, 2015 - BitGold, a Toronto-based company, is making it possible to use gold bullion to fund prepaid debit cards with a platform created with help of Intercash, a prepaid vendor with headquarters on the Isle of Man in the United Kingdom.
Backing a prepaid card with gold enables the cardholder to pay international travel expenses or transfer funds from country to country without taking a financial beating on currency exchange rates, according to Darrell MacMullin, BitGold CEO.
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