Consumers in the UK can now use their bitcoin and other cryptocurrencies to buy gift cards for major online retailers like Amazon, Google Play Store, ASOS and Starbucks.
Pock.io CEO and co-founder Rusty Nash said that the driving force behind the launch of this service was to make digital currencies more mainstream in the UK.
Some UK users have reported being unable to use their Gyft gift cards on Amazon.co.uk, while others have reported problems with shipping restrictions into the UK with items purchased on the Amazon.com site.
Nash said he noticed that there was a gap in the British market for this kind of service.
Even though Pock.io is only a couple of months old, Nash is already planning to expand the service across Europe. He eventually also wants to take it to America and Canada, where he will face competition from Gyft and eGifter. He says what sets his company apart is that it accepts a variety of digital currencies, not just bitcoin.
“We match [Gyft and eGifter] on the fact that we have zero per cent commission. But, our main difference is the fact that we accept multiple cryptocurrencies.”
Currently, Pock.io is accepting bitcoin, percoin, litecoin, dogecoin, maxcoin, vertcoin, worldcoin and quark. Nash said that they would continue to add more currencies based on the community’s requests.
“We listen to the community and we have managed to grow so fast because we like to take direction from the community,” says Nash.
While iTunes products may no longer be available via Pock.io, the company is working on adding more merchants to its network.
Nash said that they are also in pre-approval stages to add a major UK supermarket to their database.
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