crypto strategy

Huobi launches crypto debit card in partnership with Solaris

Huobi Global, one of the world’s leading virtual asset exchanges, announced a partnership with Solaris, to provide a crypto-fiat debit card that will allow Huobi users to spend digital assets at the point of sale globally. entire.

The Visa-approved program will be available to new and existing users residing in the European Economic Area (EEA) from the second quarter of 2023. They will be able to select and spend from a range of different digital assets linked to their card at the point sale, through their Huobi Global trading account.

This card feature will remove friction from user experience, saving time for Huobi users when it comes to enabling/disabling fiat ramping and digital assets between accounts and cards. Huobi VISA cardholders who pay with the Huobi Huobi Token (HT) platform token will be rewarded with cashback benefits based on their card tiers. Solaris will provide full end-to-end processing and issuance capabilities for the program, including Visa BIN sponsorship.

Justin Sun, Huobi Global’s Advisor, said, “Huobi Global values ​​our user experience and works continuously to drive user improvement. This partnership will help us provide a better experience for our users.

The Huobi-branded Visa debit cards will offer users a range of loyalty benefits and are powered by Solaris’ stamp card issuance and secondary authorization technology. Buffer allows cardholders to make payments through a primary fiat account by connecting to a valuable wallet (e.g., digital asset) held in a secondary account to provide a frictionless payment experience.

Andrea Ramoino, Chief Strategy Officer at Solaris, said, “We are thrilled to partner with a market-leading virtual asset exchange to bring frictionless crypto-fiat point-of-sale spending to the Huobi community, through our market leading pad. Technology. This is just the first step in our partnership as we look to bring more payment options to users in the EEA region and beyond.

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