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Shift is Testing a Debit Card That Combines Real and Virtual Money

Shift Card

Part of the challenge of Bitcoin and other virtual currencies has simply been the need to juggle different apps and cards to use every payment option at your disposal. Wouldn’t it be nice if one card could handle everything? You might just get your wish. Shift Payments is testing a new debit card that can switch between real and virtual money on the spot, such as through an app; you could pay for morning coffee with Bitcoin and after-work groceries using real cash. Loyalty card support is in the works, too. Whether or not you’ll get to use the card’s full potential is another matter. As Shift’s Meg Nakamura tells our colleagues at TechCrunch, American banks are jittery about backing the project; until (and unless) there’s a clear legal structure, you may be limited to handling digital cash.

Read the full story at Engadget.

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More Stories By Shelly Palmer

Shelly Palmer is the host of Fox Television’s "Shelly Palmer Digital Living" television show about living and working in a digital world. He is Fox 5′s (WNYW-TV New York) Tech Expert and the host of United Stations Radio Network’s, MediaBytes, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment.