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Bit2Me, the biggest Spanish exchange, and the first company to be recognized as a virtual service provider by the Bank of Spain has just launched a long-awaited debit card. The Bit2Me debit card works across the entire Mastercard network, enabling both crypto-stablecoin payments across more than 90 million global businesses and up to 9% cash back on all payments.
The Bit2Me card can also be used in-store & online using NFC-enabled mobile devices, such as smartphones and smartwatches. Right now the card can be linked to 8 top cryptocurrencies with more to follow. Users can pay securely for goods and services with Bit2Me’s B2M, BTC, ETH, ADA, XRP, SOL, DOT, and USDT.
Both the AppStore and Android versions enable users to freely switch between multiple crypto wallets simultaneously, making payment in multiple currencies a breeze. Bit2Me intends to bring support to more digital currencies throughout 2023, so that more crypto users will be able to take advantage of all the benefits of the card, such as the 9% cash-back.
Achieving this level of cryptocurrency to Mastercard integration was not a simple process, as Leif Ferreira, CEO and co-founder of Bit2Me explains:
“Dozens of professionals have been involved in this project, and after two years of work, we have found the key to connect 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.”
Following their successful 30M EUR ICO in 2021, Bit2Me have been busy building their academy, integrating new tokens for trade, and of course working on improving access to Web3 technologies for the everyday user. In light of this, Bit2Me wanted to give card users a seamless and secure experience like that of a regular fiat debit card. So, unlike some competing crypto cards the Bit2Me card enables users to make cash withdrawals at ATMs, and instant online payments without the annoyance of having to manually exchange funds on the app.
Bit2Me debit card users can also rest easy knowing that secure features like the ability to lock and unlock the card, configure usage limits, and safety-related support for NFC are all at their fingertips.
Striving to combine the flexibility of cryptocurrencies with the security and convenience of traditional finance has been an exciting process, as Andrei Manuel, COO and co-founder of Bit2Me states:
“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 is a huge step forward for the everyday cryptocurrency user with its streamlined payments, NFC-friendly software, and strong security features. As cryptocurrency use has become more mainstream, people are looking for the best features and rewards around, and with up to 9% cash-back for users, Bit2Me’s debit card looks to be a great choice for anyone who wants to get the most from their cryptocurrency use.
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