Gyft and BitPay Open 50,000 Retail Locations to Bitcoins

SAN FRANCISCO – May 9, 2013 – Gyft, a mobile gift card platform, today
announces that it has added support for bitcoin purchases of gift cards on
the Android platform, through its partnership with BitPay Inc, the world’s
leading payment processor for bitcoin.

“Gyft is proud to be a pioneer in the bitcoin universe and we are excited
about the possibilities for further innovation on our platform,” said Vinny
Lingham, Gyft co-founder and CEO. “By using our existing network of
retailers, we are able to offer bitcoin consumers the ability to instantly
spend their bitcoins at hundreds of merchants.”

Customers are now able to buy mobile gift cards using bitcoins and redeem
them at over 50,000 physical retail locations across the USA including GAP,
Lowes, Sephora, GameStop, American Eagle, Sports Authority, Nike, Marriott,
Burger King, Fandango, Brookstone, and many more household brands.

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