Debit Card

It seems that cryptocurrency and bitcoin debit cards are becoming popular worldwide. Visa Inc. a giant payment and financial services company with $81 billion in total assets, has launched a bitcoin debit card in Australia and it is expected to go live in September.

Monobank, a virtual bank founded in 2017 with over 2.5 million users, is doing everything possible to get the green light from Ukraine's National Bank (NBU) to allow a legal rollout of its first-ever bitcoin debit card before the end of July 2021. If approved, the new BTC debit cards will be available in the near future.

The global debit card issuance giant Visa is known for its interest in innovative finance. After having successfully launched its first blockchain-based initiative, the company has been working further on expanding its innovative projects.

Most people prefer to use cryptocurrency for storing value and profit rather than for making payments and transactions. However, the adoption of crypto cards puts digital currency closer to conventional money.

A new type of mobile cryptocurrency exchange and a card paying service will soon be in vogue, as users will be granted access to use the Visa network to make transactions happen between cryptocurrencies and fiat.

Coinbase seeks to change the face of cryptos including Bitcoin (BTC), the leading cryptocurrency by market cap (MC). The crypto exchange bull headquartered in San Francisco, California, have rolled out a visa debit card that enables users in the European Union (EU) and the UK to spend cryptocurrencies instantly from their accounts. Currently, the company has over 13 million users worldwide.

EO.Finance has launched a crypto-fiat gateway. Now it is possible to buy cryptocurrencies directly from the wallet using your debit or credit card, the maximum amount per single transaction is $25,000. Right now EO.Finance works with 40 different cryptos, and soon even more currencies will become available for purchase.

Two blockchain companies, Paymon and Cryptocean, have finalized a partnership to produce crypto debit cards.

Blockchain solutions provider MinexSystems has now announced that its much-anticipated MineyPay debit card is available for pre-order. The crypto-enabled debit card represents the simplest, quickest way to pay for everyday purchases with cryptocurrency, just as you would with a normal debit card.