iPayYou Wallet Enables Bitcoin Payments For Amazon Purchases

Posted By : Anirudh Bhardwaj | 24-Nov-2016

iPayYou Wallet

A bitcoin wallet startup called iPayYou which has been providing bitcoin payment services for the past several months brings another good news to the wallet users and bitcoin junkies. The iPayYou wallet users will now be able to make seamless amazon purchases while paying in bitcoins. This new payment service is called Amazon Direct and it provides payment gateway to the wallet users for safe and secure Amazon purchases.

 

Through the Amazon Direct service, the iPayYou Wallet users will have access to more than 100 million products at Amazon.com. For all one knows, Amazon happens to be the world’s largest online stores and is available in more than 12 countries. So clearly, iPayYou has played a masterstroke by rendering support for Amazon purchases and this new integration will be prove to be a game changer for the cryptocurrency sphere. However, the bitcoin payments through iPayYou wallet won’t be direct on Amazon.com. With this new service, the iPayYou wallet users can purchase gift cards for Amazon while paying in bitcoins for the same. The users can then redeem those gift cards on Amazon.com for purchasing a desired product. That’s pretty much how it works! Besides Amazon, iPayYou also offers gift cards for Starbucks and iTunes which the users can purchase in exchange of their bitcoins.  

 

Also read Requisite Support For Bitcoin Segwit Update Now Seems Attainable.

 
 

The Concept Looks Familiar Though

As a matter of fact, the concept of bitcoin Amazon purchases introduced by iPayYou is quite similar to the one employed by Purse.io for the exact same purpose. Purse.io is yet another bitcoin startup which fosters the use of bitcoin among other existing payment methods by enabling users to buy different products on Amazon.com. Despite of numerous censures and several fraud attempts, Purse.io’s Amazon Pay services have become quite popular these days. Nevertheless, purse.io uses a slightly different concept. Purse.io connects the bitcoin users to the Amazon Gift Card holders who are willing to sell their gift cards in exchange of bitcoins. So by paying for a product on Amazon in bitcoins, you are actually giving your bitcoins to those gift card holders. In turn, the gift card holders would then buy that product for you by redeeming their gift card. That’s how it works.   

 
 

iPayYou Making Headlines

The iPayYou Wallet has been in news ever since its inception earlier this year. Frankly speaking, it is perhaps the most user friendly bitcoin wallet you’d come across. Another brilliant feature of iPayYou wallet is that it enables the users to cancel a transaction before it is confirmed. Few months back, it had been in news for introducing Pay-by-Twitter functionality for the very first time. Although things couldn’t work out that well for this, the Pay-by-email feature is still used by the iPayYou users and it had been highly appreciated by the masses. This unique feature enables the wallet users to send a desired BTC amount to any person via email.

 

Clearly, this new integration will ascertain the potential growth of iPayYou wallet and it will be interesting to see how far it goes with all these marvelous features in its bag. Let’s just hope things work out well for iPayYou this time as well.  

 

About Author

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Anirudh Bhardwaj

Anirudh is a Content Strategist and Marketing Specialist who possess strong analytical skills and problem solving capabilities to tackle complex project tasks. Having considerable experience in the technology industry, he produces and proofreads insightful content on next-gen technologies like AI, blockchain, ERP, big data, IoT, and immersive AR/VR technologies. In addition to formulating content strategies for successful project execution, he has got ample experience in handling WordPress/PHP-based projects (delivering from scratch with UI/UX design, content, SEO, and quality assurance). Anirudh is proficient at using popular website tools like GTmetrix, Pagespeed Insights, ahrefs, GA3/GA4, Google Search Console, ChatGPT, Jira, Trello, Postman (API testing), and many more. Talking about the professional experience, he has worked on a range of projects including Wethio Blockchain, BlocEdu, NowCast, IT Savanna, Canine Concepts UK, and more.

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