Spanish fintech 2gether has launched a Visa debit card that allows users to spend their crypto anywhere in Europe where Visa is accepted.
Available in 19 countries, the new debit card lets people make everyday purchases, from coffee to pizza, with a single swipe of the prepaid debit card. Customers can pay with the Visa card using euros or instantly convert one of seven cryptocurrencies: Bitcoin, Ethereum, XRP, Litecoin, Bitcoin Cash, EOS and XLM.
— 2gether (@2gether_global) March 12, 2019
The company says the prepaid Visa debit card will allow consumers to spend their crypto as easily as if they were paying in euros, instantly without fees.
Based in Madrid, the banking startup says it’s targeting average shops, malls, movie theaters and local bars to ramp up mainstream adoption of cryptocurrencies.
Says Ramón Ferraz, CEO of 2gether,
“2gether is developing the bank of the future, where consumers can take full ownership and control of the services they use and go beyond solely interacting with euros and dollars.”
The 2gether app will also allow users to hold and manage euro and crypto balances, and buy and sell crypto in two clicks.