Apple Card, which is developed in partnership with Goldman Sachs and Mastercard which is expected to come out by the end of this month has revealed that users shouldn’t try to use it for purchasing cryptocurrency. Apple explained, “This has no card number, CVV security code, expiration date or signature on the card, which makes it more secure than any other physical credit card.”
Crypterium (crypto payment company based in Estonia) has revealed that it has shipped about 4,000 crypto debit cards in a week since the launch of the crypto debitcard which is loaded with major cryptocurrencies such as bitcoin (BTC), ether (ETH), lite coin (LTC), USD Coin (USDC), as well as its own CRPT token. Its head Steven Parker commented, “These impressive numbers reflect the actual global demand for a stable debit card…”
The Litecoin Foundation has announced a partnership with Bibox Exchange and blockchain firm Ternio to release a physical cryptocurrency debit card called “BlockCard” with aim to allow users to spend their cryptocurrency funds both online and in physical store locations around the world. The Litecoin Foundation and Bibox Exchange will integrate the card directly into the Bibox Exchange.
The people living USA geographical boundaries can now operate Ternio’s crypto debit card (a Blockchain startup) on the VISA payment network. Daniel Gouldman, CEO of Ternio said, “Ternio’s BlockCard account is a paradigm shift for the crypto ecosystem – enabling anyone to quickly sign up, fund their account, and keep the value in crypto until the point of swiping their card with the merchant,”
USA based crypto exchange, Coinbase have partnered with Apto Payments as an effort in developing a cryptocurrency-focused debit card in the U.K. The aim of the cryptocurrency debit card for the U.K residents is to make it easier for their clients in the country to purchase cryptocurrency by using Visa card as they are optimistic that the crypto ecosystem is more than just an investment.
A FinTech startup, 2gether has recently shared that its upcoming prepaid Visa debit card, which will enable its users to spend their cryptocurrencies. The cryptocurrency payment option will be made available in 19 eurozone countries and will be offering in the total of seven cryptocurrencies such as Bitcoin, Ether, XRP, Bitcoin cash, EOS, Stellar, and Litecoin.
A collaboration has been established between TokenCard and Contis with the aim of launching a visa debit cards for the cryptocurrency users. The TokenCard CEO, Mel Gelderman explained, “We’re thrilled to be working with Contis and are grateful that they support our mission to realize the value of the emerging token economy.”
The Chain2Pay, a MinexSystems subsidiary, has unveiled a cryptocurrency debit card. The card could be used by the user for spending like that of the regular debit card. The CEO of MinexSystems, Boris Shulyev detailed, “The transaction speed is an average of three seconds.” Reportedly, the MinexPay payment solution functions through a bank that holds cryptocurrencies.