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Bit2Me, the largest Spanish exchange, and the first company to be recognized as a virtual service provider by the Bank of Spain, has just launched a long-awaited debit card. The Bit2Me Debit Card works across the entire Mastercard network, enabling both crypto-stablecoin payments across more than 90 million global businesses and up to 9% cashback on all payments.
The Bit2Me card can also be used in-store and online using NFC-enabled mobile devices, such as smartphones and smartwatches. Right now the card can be connected to 8 top cryptocurrencies with more to follow. Users can pay securely for goods and services with Bit2Me’s B2M, BTC, ETH, ADA, XRP, SOL, DOT and USDT.
Both the AppStore and Android versions allow users to freely switch between multiple crypto wallets simultaneously, making multi-currency payments a breeze. Bit2Me intends to provide support for more digital currencies through 2023, so that more crypto users will be able to benefit from all the benefits of the card, such as 9% cash-back.
Achieving this level of cryptocurrency to Mastercard integration was not a simple process, as Leif Ferreira, CEO and co-founder of Bit2Me explains:
“Dozens of professionals have been involved in this project, and after two years of work, we have found the key to connecting cryptocurrencies to Mastercard’s 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. What’s more, we’ve managed to add up to 9% cashback on purchases.”
After their successful 30M EUR ICO in 2021, Bit2Me has been busy building their academy, integrating new tokens for trading, and of course working to improve access to Web3 technologies for the everyday user. In light of this, Bit2Me wanted to provide card users with a seamless and secure experience like a regular fiat debit card. So, unlike some competing crypto cards, the Bit2Me card allows users to make cash withdrawals at ATMs and instant online payments without the annoyance of having to manually exchange money on the app.
Bit2Me debit card users can also rest easy knowing that secure features such as the ability to lock and unlock the card, configure usage limits and security-related support for NFC are all available.
Striving to combine the flexibility of cryptocurrencies with the security and convenience of traditional finance has been an exciting process, which Andrei Manuel, COO and co-founder of Bit2Me says:
“Our mission is to bring the use of cryptocurrencies closer to everyone. Bit2Me Card allows you to use your cryptocurrencies easily and quickly in your daily life. You can use cryptocurrencies, such as Bitcoin, or stablecoins, such as USDT, in physical or online stores.”
The Bit2Me card is a big step forward for the everyday cryptocurrency user with streamlined payments, NFC-friendly software and strong security features. As cryptocurrency usage has become more mainstream, people are looking for the best features and rewards out there, and with up to 9% cashback for users, Bit2Me’s debit card looks to be a great choice for anyone looking to get the most out of their use of cryptocurrency.
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