“Last week, bitcoin payment processor BitPay announced a deal with Gyft, a seven-month-old Google Ventures-backed software app that lets users buy and upload retail gift cards to Android-based smartphones.   The partnership will allow customers to use bitcoins to buy gift cards for stores such as Gap, Lowe’s, Sephora, GameStop, Burger King and over 200 other retailers. While those stores won’t handle the bitcoin transactions themselves — that’s done by Gyft and BitPay — it brings the number of locations where customers can effectively pay with bitcoins from around 8,000 nationwide to over 50,000, according to BitPay co-founder and CEO Tony Gallippi.”

http://money.cnn.com/2013/05/16/technology/innovation/bitcoin-sales/

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