By Ifaenyi Egede (Nigeria)
In a statement that was released to the public, leading crypto exchange firm, Crypto.com has announced that it will officially be stretching its crypto.com card support to 30 countries across Europe. The exchange said they will collaborate with a digital payment platform, i2c Inc. and open bank tech to enable seamless payments across Europe. According to the statement released, the exchange card will be the first widely accepted card around the world.
Crypto.com card support goes live across Europe
After the success of the card support in Canada, Singapore and the United Kingdom at the beginning of the year, crypto.com said its card services have officially gone live in the European continent. The new card launch across the continent would allow users to buy, sell, and earn and receive rewards from top brands across Europe. With crypto gaining widespread adoption all over the globe, the use of crypto to purchase items is still something that has not been properly adopted.
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Cryoto.com says its main aim is to provide individuals with the opportunity to use crypto to purchase daily needed items while enjoying the normal crypto exchange trading benefits. With the exchange firm teaming up with i2c Inc., their VISA MCO card will be used to enjoy all the benefits across Europe.
About the partnership, Kris Marszalek, CEO of crypto.com said,
“Our partnership with i2c has been one that we have strategized and dreamed on for about three years now because they will be able to provide our clients with the bank feel. We will use their services to integrate payment options on the platform”.
Europeans react to the use of crypto as payment
According to a recent survey carried out in Europe, about 54 percent of the responding population said they would rather adopt a government-issued digital currency than make use of the normal crypto for payments. President of i2c Inc., Jim McCarthy says the recent biting effects of the Coronavirus pandemic will make more people see digital assets as the new way forward. “Consumers are already ready to adopt the new crypto.com card support payment, and as time goes on, it will be the next substitute for cash across the region.
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