Sun August 28, 2022 ▪ 9:00 p.m. ▪
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The democratization of cryptocurrencies is already underway. This thanks to the contribution of many players such as NearPay. The latter, as a Swiss cryptofinance protocol, wants to innovate in the field. To do this, he will marry cryptocurrencies with the ” modern digital banking experience “.
NearPay, marrying digital banking with bitcoin
What do you think such a marriage could give us? At NearPay, when bitcoin is combined with the virtual banking system, it should only have one outcome. The launch of virtual crypto cards along with a NearPay wallet for iOS and Android.
Regarding NearPay virtual cards, they allow users to make daily purchases with cryptocurrencies. The crypto-to-fiat conversion will happen automatically during transactions.
For now, this avant-garde service will be accessible to residents of the European Economic Area (EEA): including the EU, Iceland, Norway, the United Kingdom and Liechtenstein.
According to Crypto Newsthis Visa card can be used upon approval of registration “. For the monitoring of transactions, NearPay has set up a ” web interface/NearPay app, [avec laquelle] you can track your expenses, control your PIN, freeze/unfreeze your card, and more. »
But NearPay does not think to stop there: soon, the company will indeed launch physical cards. As a promotion, it will give away NFTs to the first 1,000 users of the card.
NearPay Wallet, as a complement
NearPay Wallet is the crypto wallet of this Swiss company freshly embarked on the crypto adventure. At the moment, it supports crypto-currencies including NEAR, bitcoin (BTC), ether (ETH) and tether (USDT).
The NearPay wallet is easy to access: it can be accessed via the web and devices supporting iOS and Android. To enrich them, users will be able to use their virtual card for the purchase of cryptocurrencies, sending and exchange. Note that direct withdrawals from their bank accounts are also authorized.
” Alongside payments and conversions in cryptocurrencies, you can make classic bank transfers in euros and pounds sterling. In the near future, Wallet will provide earning rewards with a compound rate of up to 15.81% API with no deposit or withdrawal fees. »
All of this demonstrates how committed the NearPay team is to juxtaposing modern digital banking with cryptocurrencies. It should also be noted that Insider Intelligence is very optimistic in the succession of Visa crypto cards. According to his forecast, more and more enthusiasts are interested in payments related to everyday purchases with their crypto holdings. This allowed Insider to put forward a total transaction value greater than or equal to 10 billion dollars, with cryptocurrencies, this year.
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