• Bit2Me, a Spanish crypto exchange, has launched its cryptocurrency debit card on the Mastercard network.
• The card supports 8 popular cryptocurrencies and users can get up to 9% cash back on purchases.
• The Bit2Me app is available on Android and iOS and allows users to switch between multiple wallets for in-store or online payments.
Bit2Me Launches Crypto Debit Card
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 card currently supports eight popular cryptocurrencies with plans to add more through 2023.
Compatibility & Security Features
The Bit2Me debit card is compatible with in-store and online payments through NFC-enabled mobile devices such as smartphones and smartwatches. Users also have control over the card’s security features, including the ability to lock and unlock the card, set usage limits, and take advantage of NFC support on major devices.
Bit2Me’s app (available on Android and iOS) will allow users to switch between multiple crypto wallets making it convenient for users to pay in various currencies. With this app, customers can instantly use their cryptocurrencies for payments without manual fund exchange within the app or having to wait for transactions to be confirmed by miners.
Connecting Cryptocurrencies To Mastercard Network
Connecting cryptocurrencies to the Mastercard network was no easy feat according CEO and co-founder Leif Ferreira who noted that modifications had been made to international payment protocols in order for customers could use cryptocurrencies quickly and transparently for businesses.
Mission Of Bitme To Make Cryptocurrencies Accessible
The mission of Bitme is make cryptocurrencies more accessible according COO Andrei Manuel who noted that the company’s goal was “to bring cryptocurrency closer to everyone” allowing them “to use your cryptocurrencies easily and quickly in your day-to-day life” at physical or online stores.