Largest Spanish crypto exchange, Bit2Me launch debit card, with up to 9% cashback
Madrid, Spain, Feb. 09, 2023 (GLOBE NEWSWIRE) — Bit2Me Mastercard offers up to 9% cashback to its customers, the highest currently available in the crypto market worldwide.
Bit2Me, the first company recognized by the Bank of Spain as a virtual currency service provider, is the first cryptocurrency exchange in the world to offer up to 9% cashback (crypto cashback) with the launch of its new Mastercard debit card.
The Bit2Me card
The Bit2Me card already works across the Mastercard network, enabling crypto payments at more than 90 million businesses worldwide. The card is also available on mobile devices, allowing users to pay directly from NFC-enabled smartphones or smartwatches.
Bit2Me uses active software that enables wallet switching at any time, allowing all users to pay for goods and services with Bitcoin and other cryptocurrencies stored in the various Bit2Me wallets. All card purchases. whether online or in-store, are eligible to earn the equivalent of up to 9% cash-back in a variety of different cryptocurrencies.
Online payments and cryptocurrencies
In addition to payments in physical establishments, the Bit2Me card also enables online payments and cash withdrawals at ATMs 24 hours a day around the world. The Bit2Me card integrates with mobile payments, allowing users to use it anywhere and without the convenience of having to carry the physical card.
The Bit2Me card starts with eight cryptocurrencies that can be linked to the wallet (B2M, BTC, ETH, ADA, XRP, SOL, DOT USDT). Thanks to the active software that makes it easy to switch crypto wallets whenever you want, the technology allows you to instantly choose which cryptocurrency to use for payment. Thus, users can pay with Bitcoin, Ether or other cryptocurrencies in millions of establishments worldwide. Bit2Me plans to add more cryptocurrencies to its wallet through 2023.
Leif Ferreira, CEO and co-founder of Bit2Me stated that:
“Dozens of professionals have been involved in this project, and after two years of work, we have found the key to connecting cryptocurrencies to the Mastercard payment network. To do this, we had to change the transaction flow (which is part of the international card payment protocol) so that customers can use cryptocurrencies to pay instantly and transparently for businesses.Also, we have managed to add up to 9% cashback on purchases.
Instant, secure payments
The Bit2Me card allows instant, secure online payments and cash withdrawals at ATMs, without having to make any manual changes on the Bit2Me app. The card has high security standards and a wide range of functions, including the ability to instantly lock and unlock the card, configure the usage limits and NFC support.
It is important to highlight that the team is still working on developing new features that will become active in the coming months. Bit2Me believes that the new debit card is the best of its kind, as it perfectly blends the crypto world with the best of the traditional financial world.
Bit2Me COO and co-founder Andrei Manuel stated:
“Our mission is to bring the use of cryptocurrencies closer to everyone. Bit2Me Card allows you to use your cryptocurrencies easily and quickly in everyday life. You can use cryptocurrencies, such as Bitcoin, or stablecoins, such as USDT, in physical or online stores.”
All Bit2Me users within the EEA are eligible to apply for the virtual card for free, and for every payment made with it, Bit2Me will immediately credit the user with up to 9% cryptocurrency cashback.
About Bit2Me
Bit2Me is an industry leader in the cryptocurrency sector in Spain, recognized by the Bank of Spain as a virtual currency service provider. The company has individual, professional and corporate clients in more than 100 countries, and in 2021 it had a transaction volume of over 1 billion euros.
Bit2Me raised 17.5 million euros in less than three minutes in an ICO launched through its utility token, B2M, in September 2021. The company has a staff of over 200 people, including highly specialized profiles such as Zeeshan Feroz, Rodolfo Carpintier, Pablo Casadio and Koh Onozawa. The Spanish giant also operates Bit2Me Academy, the largest cryptocurrency training portal in Spanish, with more than 400 free articles, certified courses and videos.
Bit2Me links
Telegram | Twitter | Linkedin | Instagram
Bit2Me is the source of this content. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
CONTACT: Media Contact Details Contact Name: Juan C. Fernández Contact Email: juancfernandez-at-bit2me.com
