The startup Bitrefill launched this Thursday, July 19th, a new service that will allow any user to purchase gifts cards from Amazon through its platform, using Bitcoin (BTC), as well as other cryptocurrencies through the Lightning Network (LN). Sergej Kotliar, CEO of Bitrefill, announced that “although this technology is very new, it will become the future of Bitcoin (BTC) payments.”
Through Bitrefill website, the users can choose the amount they want to top up on Amazon. Amounts can range from $5 to $1,000 per refill. Once the value is selected, the system will provide a coupon code with instructions on how to redeem it. It is important to remember that the purchase is only valid for the Amazon store in the United States.
Bitrefill allows users to buy Amazon gift cards with Bitcoin (BTC), as well as other cryptocurrencies, based on Lightning Network
In the top-up process, the users must also provide their email address so that Bitrefill can send updates on the status of the order and give the top-up PIN code. Among the cryptocurrencies that the platform processes are Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Dash (DASH), and Dogecoin (DOGE).
Lightning Network offers a clear separation of concerns. The portfolio handles everything related to the blockchain by obtaining confirmed transactions, so that when the payment comes to us, it is already confirmed. That is, the correct amount of BTC is going in the right direction.
Sergej Kotliar, CEO of Bitrefill
The aim of Bitrefill is to enable people to live with cryptocurrency, first by enabling ways for people to spend their coins and second by offering ways to help people earn an income from it. The company gained attention in the fall of 2017 by being one of the first to join the Lightning Network.
Bitrefill is also known in dozens of countries for its recharging of prepaid telephone lines, internet, and basic telephony.