Bitflyer’s Visa Prepaid Card

Japan’s Largest Bitcoin Exchange Bitflyer Launches Bitcoin Visa Prepaid Card.

Japan’s largest bitcoin exchange, bitFlyer, announced on Friday that it has launched a yen-dominated bitcoin Visa prepaid card, bringing Japanese consumers one step closer to being able to use bitcoin for their daily purchases.

Users will be able to load their card with bitcoin via their bitFlyer accounts, and then use the card to purchase goods and services at any store that accepts Visa cards. This means that users will be able to use their cards for “more than 40 million merchants in more than 200 countries and regions.”

bitFlyer said on its website that the cards are free to use, and doesn’t require an admission fee nor will it charge an annual fee. However, there is a JPY30,000 (USD266) limit per load, as well as a monthly load limit of JPY120,000 (USD1,067) and a lifetime load limit of JPY1 million (USD8,894).