Buying Bitcoin applications from American Express credit card Abra - CoinDesk

Starting today, a new group of new users and new customers of Abra users will see the option to buy Bitcoin with their American Express Card.

The long-term integration process between both companies reflects the depth of its business partner and investor and also results in close relationships between the companies.

Still, Abra founder and CEO Bill Barhydt believes that the end result of these attempts can be a quick acceleration of accepting worldwide Bitcoin

Barhydt CoinDesk said:

"Abra has become an American Express processor internally effectively to do this, because we're processing directly with American Express. In the middle of a third party."

This means that users whose American Express purchase option is currently enabled, they can buy up to $ 200 bits of kits per day and 4% per month for $ 1,000 Bitcoin.

Designed to reduce Aura's own expense, Twright said that there is no hope of generating any income from start-up, but instead of managing exchange rates between US Dollars and Bitcoin, its shares will earn.

American Express spokesman Elizabeth Crota clearly states that Abra customers are now able to provide their fake money, American Express is not processing Aabra transaction.

All hands on the deck

But this is probably one of the features of this feature which must be made to the maximum significant scale.

Until today's introduction, Abraham's employees, American Express staff and Abraham Investors are investigating the integration, Barhydt said. Although in spite of testing, the initial customers will not be allowed to shop for American Express until safely completed shopping.

"There are some possible reckless people in our universe," Barhydt said. "And we want to make sure that we are serving people who are good at its purpose, and not others." 999> Eligible Cards are American Express US Consumer Card, American Express Branded Card Third Party and American Express Re-Ready Prepaid Card, Blueboard and American Express Service, which can be purchased for Walmart, CVS, Walgreens and more.

"Walmart's shops can go to Walmart's shop in any country, buy a bluebird card on the checkboard, keep the money needed in the card, register that card, and the card will reach their home once, they immediately load this fund into their AWA app "Barhydt said.