RewardsPay is a payment service that caters to consumers, allowing them to use cash rewards, hotel points, airline miles, credit card reward points and now bitcoin to pay for items. RewardsPay claims they enable reward programs such as Discover’s Cashback Bonus to improve customer loyalty and redemption. Anu Shukla, founder and CEO of RewardsPay, said:
“Adding support for Bitcoin was one of our most exciting projects to date. Coinbase is an ideal partner due to their bank-level encryption and high security payment processing. We are confident in their technology and also excited for the business that this will bring to our merchants.”
RewardsPay and Coinbase aren’t the only companies excited about the partnership. Even Eric McCory, CEO of Heels.com, said that it’s an honor to offer bitcoin payments as an option to their customers. He believes that it shows that his company is committed to giving customers more and better ways to pay and stay ahead of the curve when it comes to technology. Roger Gu, Business Development Manager at Coinbase, said:
“We are thrilled to provide new and existing users additional ways to spend bitcoin. This integration is just another step toward a reality in which consumers can purchase anything and everything using the digital currency.”
According to RewardsPay, customers select the RewardsPay payment button on the checkout page. To sweeten the deal even further, customers can take split payment between bitcoin and credit card if they’d prefer, giving them more control over how they want to pay.
It is most likely that all payments are converted to the companies currency of choice, but more and more payment processors like RewardsPay and Coinbase are giving power back to the people to pay with the currency of their choice.
Also read: You Can Now Control Your Bitcoin Private Keys On Coinbase: Introducing Multisig Vault
What do you think of these new options to use Bitcoin? Comment below!
Images from RewardsPay and Shutterstock.
Last modified (UTC): November 20, 2014 16:12