BitInstant’s new Paycard could be the thing that will jump-start the usage of Bitcoins (btc) in Malaysia. Kudos to them. Hope to see this card arrive in my Malaysian mailbox shortly.
the cards would cost users $10 apiece to purchase and carry a 1% bitcoin transfer fee, as well as $1.50 ATM withdrawal fee. To further streamline the exchange process, users will be able to make quick transfers under $1000 by scanning a QR code overlay on front or by accessing the personal BitCoin address listed on back
Charlie Shrem is the BitInstant CEO. Check out his video interview on YouTube below: