Swipe clinched a major victory when it partnered with Samsung on May 1 to allow crypto spending through its debit card integration with Samsung Pay. The debit card issued by Swipe and funded by cryptocurrencies can now be used at 50 million locations worldwide. Swipe previously partnered with Google Pay and this new move will broaden the user base by a wide margin.
Swipe is thrilled to announce that it has collaborated with #Samsung to launch #SamsungPay for #Swipe Visa Cardholders!
Find out all the details: https://t.co/FIIyTlmkfz— Swipe (@SwipeWallet) May 1, 2020
The Swipe debit card is currently supported in the United Kingdom and European Union countries, allowing users in that region to take advantage of the payment facility utilizing both Samsung Pay and Google Pay. This brings Swipe card one step closer to becoming a highly functional crypto debit card. A prominent hurdle in the adoption of crypto-assets is the illiquidity and inability to spend them with ease for everyday stuff, so such debit cards which are funded by cryptocurrencies and contain exchange facility are necessary to drive up adoption and crypto demand.
“We are excited to bring Samsung Pay to our cardholders. This integration and relationship with Samsung will open cryptocurrency adoption and make transactions with our Visa card in Euros converted by crypto seamless. Given the current COVID-19 situation, and people steering away from physical products like cash and in some instances cards, a digital solution really helps put our client’s needs first.”
To celebrate the occasion and the upcoming Bitcoin halvening, Swipe announced that they would make acquisition of the card free of cost for all users, for the whole month of May. Plus Swipe recently introduced the cashback facility in Bitcoin.
In celebration of the #Bitcoin #Halving all #Swipe #Visa Cards will be FREE for the entire month.
No membership fee, no annual fee, no card order fee, no shipping fee. Just free.
Spend crypto & earn up to 5% cashback in #BTC
Order your card today: https://t.co/Ydj9YfLuzQ
pic.twitter.com/TTuA7NQGGe— Swipe (@SwipeWallet) May 1, 2020
About Swipe Crypto Visa Debit Card
Swipe is a crypto debit card powered by Visa, being issued in collaboration with Contis Financial Services Ltd. The debit card can be used for payments with cryptocurrencies, without requiring manual conversion. It also allows users to buy, sell and exchange cryptocurrencies. The bank transfer and withdrawal facility is also provided by Swipe.