LitePay has announced that it will not be releasing the LitePay debit cards at the moment while the LitePay Merchant Payment Processing account will go live at 9 pm Pacific time today. This has disappointed Litecoin investors as they were looking forward for a full-scale payment solution at both the merchant and consumer end. LitePay has deemed LitePay card registrations imprudent since card issuers have been hostile towards crypto companies. They will launch the LitePay cards once they feel confident that the card services can be supported reliably.
References:
Litecoin lifts off ahead of LitePay launch: https://bitcoinist.com/litecoin-lifts-off-ahead-litepay-launch/
Litecoin (LTC): Will We See A Roller Coaster Ride This Week?: https://stocksgazette.com/2018/02/26/litecoin-ltc-will-we-see-a-roller-coaster-ride-this-week/
Litecoin Price Outperforms But Nears Key Resistance: https://www.coindesk.com/litecoin-price-outperforms-nears-stiff-resistance/
LitePay official website: https://www.litepay.us/
Follow Charlie Lee on Twitter: https://twitter.com/SatoshiLite
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Disclaimer: I am not a financial advisor. The views expressed in this video is just my opinion and not financial advice. Please consult a professional financial advisor before investing.
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