SEATTLE, June 24, 2015 /PRNewswire/ -- You might ask yourself, "How do I get bitcoin?" For those who know, you can buy it or "mine it" – set up your computer to solve algorithms and unlock bitcoin, which is a digital analogy for digging for ore. What if we told you there's a new way to earn bitcoin by downloading a new app from the App Store or walking 10,000 steps a day in your company's wellness program? Sound far-fetched? Well now it's a reality. Today, Tango Card announced the availability of bitcoin on their Rewards as a Service API through their partnership with Snapcard. Bitcoin as a reward is a truly unique offering. Prior to being available through Tango Card, you could only acquire bitcoin by purchasing or mining it. Now you can earn it by participating in a rewards program powered by Tango Card.
"Bitcoin is a fantastic addition to our rewards catalog," explained Nat Salvione, VP of Partnerships at Tango Card. "It is truly frictionless, global, and most importantly, desired by the participants in our customers rewards programs. Snapcard is a real leader in the evangelization and functionality around Bitcoin and we are excited about our partnership and will work together to bring Bitcoin to hundreds of rewards programs."
Businesses of all sizes rely on Tango Card to provide gift cards, non-profit donations, and now bitcoin in their corporate programs. One of Tango Card's partners, Tokenwall, a mobile website that rewards users for downloading new apps, has already incorporated bitcoin in their rewards program. "We grant access to the best rewards available to our user base, delivered instantly, thanks to our integration with Tango Card," said Tobias Batton, CEO of Conjecture, Inc., which owns and operates TokenWall. "Bitcoin is a highly requested reward and Tango Card's API is a key component of our ability to make it available to our user base."
Bitcoin as a reward is made possible through Snapcard's MassPay API. The San Francisco-based digital currency payments provider enables businesses to instantly and freely transfer bitcoin to anybody in the world. "We are on a mission to increase the international awareness of digital currencies," stated Snapcard CEO Michael Dunworth, "and as such we are thrilled to make bitcoin available through the Tango Card rewards API. Tango Card was able to use our new MassPay API to allow their users to receive Bitcoin Rewards at an e-mail address, phone number, or a bitcoin address – all without taking on any of the currency risk."
To learn more about Tango Card's Rewards as a Service API, click here.
SNAPCARD offers a suite of products and services which are designed to make it easy for the average consumer and business to use Bitcoin and alternative decentralized digital currencies. Founded in 2013, SNAPCARD is focused on bringing liquidity to the digital currency community. Snapcard's MassPay API is an easy to integrate, enterprise-level API that allows users to send funds to anybody all over the world without taking on any volatility or risk, and for a fraction of the cost. Snapcard is headquartered in San Francisco, California with offices in Australia and Canada.
TokenWall is a consumer destination that rewards a community of passionate users for sampling a variety of digital offerings. Rewards include Amazon and iTunes gift cards, and Bitcoin.
About Tango Card
Tango Card, a private Seattle based company, is the go-to partner for digital rewards and incentives. Tango Card combines easy-to-use technology, a desirable reward catalog, and expert support to deliver reward solutions with impact. Rewards sent by Tango Card are used every day by businesses to drive positive results in employee rewards programs, wellness programs, customer acquisition & loyalty programs, research incentives, and modern payment disbursements.
SOURCE Tango Card