Crypterium Launches A Global Crypto Payments Card

One of the hottest fintech startups from Estonia, Crypterium, is on the top spots of many best cryptocurrency news sites today for launching the Crypterium Card which is the first crypto card that will be available globally.

Before this launch, cryptocurrency cards such as the Coinbase Card, were only accessible in specific countries and regions, as the company noted.
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Speaking of, Coinbase recently noted that it would roll out services to six additional European countries after being only available for users in the United Kingdom.

With this, Crypterium believes that crypto cards are the “easiest and fastest way for holders to access their digital currencies.” The startup aims to eliminate the concerns around limited availability or arbitrary – to make it a legitimate option for crypto payments globally.

“By ‘global’ we mean that no matter where people are based, they can order and receive it in only 3 business days,” said Matias Lapuschin in an email to one altcoin news site. This point is also featured on the company’s website, showing that “no matter where you are based” a Crypterium Card can be shipped to your door.

The fintech startup already tested the payment services through 5,000 Estonians who pre-ordered the card and verified that it works as a payment option. Among the testers were also card developers who traveled to cryptocurrency conferences across the world using the prepaid plastic, purchasing goods and services in cryptocurrencies such as Bitcoin, Ethereum and Litecoin across continents such as Asia, America and Europe.

The latest cryptocurrency news show that the interest in this Crypterium card is big, especially in regions where banking services are less developed. These regions include South America, Southeast Asia and others.

The card will also be linked to the Crypterium App, which has more than 500,000 users in the United States and United Kingdom. The ones interested for a card will need to provide proof of identity (passport, national ID or driver’s license) and proof of residence in the form of an utility bill, a bank or a credit card statement.

The coming altcoin news also feature one benefit of the card – the one showing that there is only a 1.5% fee when adding prepaid funds and daily and monthly limits which top off at $10,000 per day and $60,000 per month.