NearPay launches a virtual crypto card
The company also released a wallet available on IOS and Android

28.08.2022 - 06:30
396
2 min
0
What’s new? NearPay has launched a virtual cryptocurrency card along with a wallet available on iOS and Android. NearPay's platform allows users to use traditional financial instruments, such as a bank account or credit card, to send, receive and exchange cryptocurrencies. Users can also issue a virtual Visa debit card that allows them to spend cryptocurrency on online purchases, with instant conversion to fiat at the time of the transaction. The service is initially available throughout the European Economic Area, including the UK.
Information on CryptoDaily's website
What do the company representatives say? NearPay Chief Operating Officer Ivan Ilin noted that the platform has created a simple interface for managing both fiat and cryptocurrency. He added:
“With our newly 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.”
NearPay Wallet currently supports 38 digital assets. These include major cryptocurrencies such as BTC, ETH, USDT, and NEAR.
What is known about the NEAR Protocol? It is a smart contract platform that developers can use to create decentralized applications (dApps). NEAR was launched in 2020. Read more about the project in GetBlock Magazine's review. As of August 27, 12:15 UTC, the project's native token, NEAR, is trading at $3,96, down 5,29% overnight, according to the crypto exchange Binance.
In April, the Decentral Bank DAO team announced the release of a NEAR-based asset, the USN stablecoin. Users can issue the asset using the NEAR web wallet and swap between USN and USDT.
Useful material?
Incidents
We talk about how the events with the collapsed cryptocurrency developed and how the head of Argentina contributed to it
Feb 17, 2025
Market
Once the SEC confirms, the filing will be published in the Federal Register, which will initiate the approval process
Feb 11, 2025
Market
Analysts at JPMorgan Bank believe the asset will continue to face pressure amid growing competition
Feb 6, 2025
Market
The hacker used the account to promote MEOW and DCOIN scam tokens
Feb 6, 2025
Market
The company’s operating expenses rose 693% year-over-year to $1,103 billion
Feb 6, 2025
Crypto regulations
Group head Hester Peirce criticized the regulatory approach formed by former chairman Gary Gensler
Feb 5, 2025