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---
description: UPay compares crypto-funded gift cards, direct merchant payments and converted card spending in Denmark, alongside Danish ownership data and tax rules.
title: UPay: Gift Cards and Crypto Card Payments in Denmark
image: https://giftcard.news/images/social/v1/upay-compares-gift-cards-converted-card-payments-crypto-spending-denmark-a48827c9a87c4b1b3e96198bcbf5bd84.jpg
---

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# UPay Compares Gift Cards and Converted Card Payments for Crypto Spending in Denmark

UPay's Denmark guide separates direct crypto checkout, gift card purchases and conversion through payment cards, with different merchant and tax implications.

By [Maya Bennett](https://giftcard.news/author/maya-bennett/) June 6, 2026 3 min read 

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 Photo: Source: blog.upay.com 

[UPay](https://giftcard.news/company/upay/)'s June 6, 2026 guide to spending cryptocurrency in Denmark describes three routes to purchases: paying a merchant that accepts crypto, buying a gift card through an intermediary, or using a card service that converts crypto into ordinary currency. The distinction matters for retailers and payment providers because a merchant can receive a conventional payment without accepting cryptocurrency itself.

The guide identifies [Bitrefill](https://giftcard.news/company/bitrefill/) as an example of the gift card route. A customer purchases prepaid retail value with crypto and then redeems the resulting card under the retailer's terms. Businesses assessing this model need to distinguish a platform's worldwide brand list from the cards actually available for Denmark, including their currency and redemption territory. A brand appearing in an international catalog does not establish that every Danish store or website accepts its card.

UPay also discusses travel purchases and direct crypto checkout, naming [Travala](https://giftcard.news/company/travala/) among the platforms in its overview. These purchases depend on the payment options offered for the particular booking or merchant. They differ from a converted card transaction, in which the conversion service handles the crypto balance while the merchant receives a payment through the card network.

For card-based spending, the provider's eligibility rules, supported assets, conversion charges and transaction limits determine the usable service. UPay promotes its own card offering in the guide, but the article does

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## Sources and documents

ExpandCollapse 
* [Best Places to Spend Crypto in Denmark](https://blog.upay.com/best-places-to-spend-crypto-in-denmark/?utm%5Fsource=giftcard.news) — blog.upay.com
* [EY and K33 Research reported in April 2024](https://www.ey.com/da%5Fdk/newsroom/2024/04/danmark-paa-vej-mod-900000-ejere-af-kryptovaluta?utm%5Fsource=giftcard.news)
* [Skattestyrelsen's guidance for private crypto holdings](https://skat.dk/en-us/individuals/shares-and-securities/tax-on-cryptocurrency-know-the-rules-and-avoid-a-tax-bill/calculate-and-declare-gains-and-losses-on-cryptoassets?utm%5Fsource=giftcard.news)

## In this article

### Companies

* [Bitrefill](https://giftcard.news/company/bitrefill/)
* [EY](https://giftcard.news/company/ey/)
* [Travala](https://giftcard.news/company/travala/)
* [UPay](https://giftcard.news/company/upay/)

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![Portrait of Maya Bennett](https://giftcard.news/images/variants/v1/maya-bennett-editorial-portrait-w320.webp) 

About the author

## [Maya Bennett](https://giftcard.news/author/maya-bennett/)

Journalist — Rewards & Loyalty

Maya Bennett covers customer loyalty, employee rewards and incentive programmes for Gift Card News.

From reading to building

## Your next move in gift cards.

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