2gether’s prepaid crypto Visa card launches across eurozone
Spanish collaborative banking platform 2gether announced the expansion move last month, after a successful beta launch in its home country.
From today (10 April), 2gether customers can pay in euros or convert one of seven cryptocurrencies to pay with the Visa card.
Customers can hold euros, managed by Pecunia Cards EDE (Pecunpay) and cryptocurrencies held on crypto exchanges and wallets managed by 2gether. The merchant receives the payment in euros and the user is debited in crypto.
“2gether is building the banking service of the future, where consumers take full ownership and control of the services they use and go beyond solely interacting with euros and dollars,” says Ramón Ferraz, CEO of 2gether.
He adds: “To date, there has been no consumer-owned, tangible application that connects crypto and the mainstream market. We’re proud to be one of the first companies in the crypto space launching a token sale with an already finished product.”
To use 2gether’s services, EU citizens need to download the app on Google Play or Apple Store, pass the know-your-customer (KYC) process and purchase at least €10 of 2GT tokens.
2gether has further plans to aggregate accounts from other banks, support financial decisions with machine learning and artificial intelligence, and create a contextual marketplace for financial products and services through the app.