Crypterium announced the launch of a new payment card: Crypterium Card VISA Edition. This card is an alternative to Crypterium Card UnionPay, which is already used by more than 30,000 cryptomoney holders in over 150 countries. This was informed by the company to Cointelegraph en Español, through a press release.
Crypterium is a Fintech startup and from there they say they are looking for easy adoption of cryptomonies for users to use as cash. „Like all other products in the Crypterium family, this VISA card is perfectly integrated with the Crypterium Wallet,“ they said.
Crypterium announced the launch of a prepaid card with global reach that can be recharged with cryptomoney
According to the statement, after almost a year of negotiations, Bitcoin Circuit is now an official partner of VISA. This partnership would allow Crypterium to offer its more than 500,000 customers a globally known payment solution.
„Unlike all other cryptomoney cards on the market, the Crypterium Card VISA Edition is absolutely free. The goal is simple: to lower the barriers for cryptomoney holders,“ the company said.
Austin Kimm, chief operating officer of Crypterium, said:
„Today, most banks offer prepaid cards at no cost. At Crypterium, our goal is to make similar (or even better) financial services available to cryptomoney holders. People who use digital assets needed a truly affordable payment card. And that’s what our VISA card is all about „.
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Cost of delivery
The cost associated with the Crypterium Card VISA Edition is delivery. The fast delivery option costs only 14.99 euros. However, CRPT token holders will also benefit from free delivery.
Loading with crypt coins
The Crypterium Card VISA Edition is loaded with cryptomonkets into the Crypterium Wallet. The wallet instantly converts the digital coins into euros. The system is integrated with exchanges. The reloading fee is 2%.
In addition, the card is equipped with technology for „contactless“ payments. Work is also underway to make the card compatible with Apple Pay, so cardholders will be able to pay with their mobile devices in the future.
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Limits for users
The Crypterium VISA card has spending and withdrawal limits. Each month, the cardholder can spend up to 10,000 euros and withdraw 2,500 euros in cash from ATMs.
This card is managed by the user through the Crypterium Wallet (available in iOS and Android). Cardholders can lock and unlock the card, change their security PIN and track their spending in a history.
In terms of security, all Crypterium accounts are secured by the BitGo cryptosecurity service.