NearPay Launches Virtual Crypto Cards and Wallet Apps for iOS and Android | Fintech time

NearPaya crypto-finance protocol, officially launched virtual crypto cards and wallet for iOS and android to bring the modern digital banking experience to the crypto world.

NearPay Wallet is now available on all platforms including Web, iOS and Android. NearPay lets people buy crypto using your credit card or bank transfer, send, receive, and trade it seamlessly, or withdraw directly to your account banking.

In addition to this, users will be able to instantly issue a virtual Visa debit card that will allow them to spend their crypto for online purchases with automatic conversion to fiat. The service is available to residents of the European Economic Area (EEA) and the United Kingdom.

NearPay Wallet already supports 38 cryptocurrencies, including NEAR, BTC, ETH, and USDT. Besides crypto payments and conversion, classic bank transfers in EUR and GBP are also available. In the near future, Wallet will provide rewards with a compound rate of up to 15.81% API without any deposit or withdrawal fees. NearPay Wallet aims to be the best way to explore crypto by combining high levels of security with ease of use.

“At NearPay, we’ve taken the best features of modern digital banking and brought them to the world of crypto to create a simple interface that makes managing all your finances, both fiat and crypto, easier than ever” , said Ivan Ilin, COO at NearPay. “With our recently launched iOS and Android apps, our customers can access NearPay Wallet on the go and instantly get virtual crypto cards to spend their assets without converting them in advance.”

According Initiated Intelligencepayments made using cryptocurrencies will exceed $10 billion in total transaction value worldwide for the first time in 2022, while 60% of crypto owners are interested in using crypto as a payment method to make shopping online more private or secure.

While some retail fintech apps allow customers to buy crypto, what they are actually buying is a synthetic asset that cannot be withdrawn. NearPay Wallet, on the other hand, is a custodial wallet that allows users to own crypto assets directly.