Spain’s crypto exchange Bit2Me has introduced its crypto debit card on the extensive Mastercard network, offering users up to 9 cash back on all purchases. The Bit2Me debit card is compatible with in-store and online payments through NFC-enabled mobile devices, such as smartphones and smartwatches. The Card currently supports eight popular cryptocurrencies, with plans to add three others to its services.
Bit2Me’s app (available on iOS and Android) lets users switch between multiple crypto wallets, making it convenient for users to pay in various currencies. CEO and co-founder of Bit2Me, Leif Ferreira, notes that connecting cryptocurrencies to the Mastercard network was no easy feat, requiring two years of work and modifications to the international card payment program.
“Dozens of professionals have been involved in this project. After two years of work, we have found the key to connecting cryptocurrencies to the Mastercard payment network. To do this, we had to modify 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. Moreover, we have managed to add up to 9% cash back on purchases,”
Bit2Me’s debit card gives you the convenience and peace of mind of traditional finance with all the benefits of cryptocurrency. The debit card can be used at ATMs to make instant withdrawals and secure online payments without retyping funds into the accouncard’srs. It can also control the debit card’s security, including the ability to lock and unlock it, set usage limits, and more.
The COO and co-founder of Bit2Me, Andrei Manuel, says their mission is to make cryptocurrencies more accessible to everyone.
“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 day-to-day life. You can use cryptocurrencies, such as Bitcoin, or stablecoins, such as USDT, at physical or online stores.”
The Bit2Me Card offers users a seamless and secure experience, similar to a fiat debit card, and allows users to use cryptocurrencies for many purposes seamlessly.
With the streamlined payments, NFC compatibility, and robust security features of the Bit2Me Card, it becomes clear why it will revolutionize the digital currency world in 2023 and beyond. Thanks to the Card, users can enjoy up to 9% cash back on all purchases.
