• Bit2Me, a Spanish crypto exchange, has launched its new debit card offering up to 9% cash back on all purchases.
• The card is compatible with in-store and online payments through NFC-enabled mobile devices and supports eight popular cryptocurrencies, with plans to add more.
• Bit2Me’s app allows users to switch between multiple crypto wallets for convenient payments in different currencies.
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.
Compatible With Mobile Payment Systems
The Bit2Me debit card is compatible with in-store and online payments through NFC-enabled mobile devices, such as smartphones and smartwatches. This makes it easy for customers to use their cryptocurrencies in their daily lives without manual fund exchanges within the app.
Multi-Currency Wallet Support
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. 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.
Making Cryptocurrencies More Accessible
The CEO and co-founder of Bit2Me Leif Ferreira notes that connecting cryptocurrencies to the Mastercard network was no easy feat but they have managed it successfully after two years of work which involved modifying international payment protocols. COO and co-founder Andrei Manuel states that this project is part of their mission „to bring the use of cryptocurrencies closer to everyone“.
Secure Payments For Cardholders
The Bit2me card offers a seamless and secure experience for its cardholders much like a traditional fiat debit card but with added benefits from cryptocurrency usage such as cash withdrawals at ATMs or instant online payments.