The tech giant’s war on cryptocurrencies just lost a major battle as consumers can now buy goods on Amazon using a BitRefill gift card purchased with a range of cryptocurrencies. BitRefill announced the new service and says it allows users of its platform to buy Amazon gift cards using cryptocurrencies in just four simple steps.
BitRefill’s new service supports several currencies. The company’s blog says “The team at BitRefill is pleased to announce that we’ve enabled Amazon US vouchers for purchase using Bitcoin, Litecoin, Ethereum, Dash, and Dogecoin!”
The solution is limited to the US and Germany at this early stage, and while functionality will be expanded, gift cards are currently only available in denominations up to $100, the company says it is working on adding more countries soon.
An often cited reason for the slow adoption of cryptocurrencies is the limited number of places to spend the tokens. By circumventing the e-commerce giant’s aversion for crypto with its voucher and gift card services, BitRefill customers can now buy anything from the world’s largest e-commerce site.
The company says:
“Bitrefill makes it possible for people around the world to live on cryptocurrencies with mobile top-ups in over 160 countries, and vouchers for travel, video games, restaurants, entertainment, and more.”
BitRefill is not the first digital gift card platform to accept crypto Gyft and eGifter have been accepting bitcoin for some time. Making Amazon more accessible to a wide range of crypto tokens is a smart business move and is a positive development for the cryptocurrency industry.
BitRefill indicates that its solution was developed in response to consumer demand “It’s Here — Buy Amazon Vouchers with Bitcoin. You asked — so we delivered.”
Other major companies accepting cryptocurrency include Expedia, Microsoft and Cheapair.