Bitcoin Voucher Scheme Bitupcard Expands to 300 Shops in Turkey

By Yessi Bello Perez (@yessi_kbello)
CoinDesk
February 26, 2015 at 15:00 GMT

Prepaid bitcoin voucher service Bitupcard is now available at an additional 270 retail locations across Turkey.

The announcement, which follows on from the launch of a pilot scheme that saw $25,000-worth of bitcoin sold in 10 weeks, raises the number of retail locations offering over-the-counter bitcoin purchases in the country to 300.

The scheme is run by Amsterdam-based bitcoin seller Bit4coin in conjunction with Berlin-based firm MK Payment.

Dolf Diederichsen, CEO at Bit4coin said:

“We are excited with the early success we are seeing in the market. The launch has exceeded our expectations, and we are very happy to quickly expand the reach and make Bitupcard even more accessible to more customers.”

Ibrahim Tarlig, CEO of MK Payment, added: “The market reception has been very positive and many customers told us that they would like to buy Bitupcard e-vouchers, but that the stores were simply too far away from where they lived or worked.”

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