Sunday August 28, 2022 ▪ 9:00 pm ▪
min read – with
The democratization of cryptocurrencies is already underway. This is thanks to the contribution of many players such as NearPay. The latter, as a Swiss cryptofinance protocol, is trying to innovate in the field. To do this, it will marry cryptocurrencies with the ” modern digital banking experience “.
NearPay, marrying digital banking with bitcoin
What do you think such a marriage could bring us? At NearPay, when bitcoin is combined with the virtual banking system, it should have only one result. Virtual crypto cards launched along with NearPay wallet for iOS and Android.
As for NearPay virtual cards, they enable users to make everyday purchases with cryptocurrencies. The crypto-to-fiat conversion will happen automatically during transactions.
Currently, this ground-breaking service will be available to residents of the European Economic Area (EEA): which includes the EU, Iceland, Norway, the United Kingdom and Liechtenstein.
According to Crypto News, this Visa card can be used “ on approval of registration “. To monitor transactions, NearPay has ” NearPay web/app interface, [avec laquelle] you can track your expenses, control your PIN, freeze/unfreeze your card, and more. »
But NearPay does not think to stop there: soon, the company will indeed send physical cards. As a promotion, it will give NFTs to the first 1,000 users of the card.
NearPay wallet, as a complement
NearPay Wallet is the crypto wallet of this Swiss company that just started the crypto adventure. Currently, it supports cryptocurrencies including NEAR, bitcoin (BTC), ether (ETH) and tether (USDT).
The NearPay wallet is easy to access: it can be accessed via the web and devices that support iOS and Android. To enrich them, users will be able to use their virtual card to buy, send and exchange cryptocurrencies. Note that direct withdrawals from their bank accounts are also authorized.
” In addition to payments and conversions in cryptocurrencies, you can make classic bank transfers in euros and pounds sterling. In the near future, Wallet will provide earning rewards with a compounding rate of up to 15.81% API with no deposit or withdrawal fees. »
All this shows how committed the NearPay team is to bringing modern digital banking next to cryptocurrencies. It should also be noted that Insider Intelligence is very optimistic about the succession of Visa crypto cards. According to his forecast, more and more enthusiasts are interested in payments related to daily purchases with their crypto holdings. This allowed Insider to forward a total transaction value greater than or equal to 10 billion dollars, with cryptocurrencies, this year.
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The blockchain and crypto revolution is underway! And the day the effects are felt on the most fragile economy in this world, against all hope, I will say that I was involved.