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Market News

Gate Group to Unveil Visa Crypto Debit Card in Europe

With the new Gate Visa debit card, users can spend their crypto at any of the 80 million merchant locations that accept Visa worldwide.

Written By Vismaya V
Published March 9, 2023 1:27 PM·Updated 1 year ago
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Gate Group to Unveil Visa Crypto Debit Card in Europe

Crypto giant Gate Group is ready to unveil the Gate Visa debit card in Europe via the Group’s Lithuania-based company Gate Global UAB, for seamless crypto usage.

https://twitter.com/gate_io/status/1633664038285737986

The majority of the European Economic Area (EEA) countries currently have a waitlist and registration process open to customers for the new card, with intentions to expand to more regions.

With the new Gate Visa debit card, customers now have a quick and secure way to spend their crypto at any of the 80 million merchant locations that accept Visa worldwide. 

The card will provide users total control over their spending, with features that are simple to use already included in the Gate Card app that is connected to it. With this app, users can track and manage their spending in a safe and secure manner.

Dr. Lin Han, Founder and CEO of Gate Group, stated: “We are thrilled to introduce this innovative solution to the market. With the Gate Visa card, our users can make seamless crypto payments to merchants worldwide. It bridges crypto with everyday life and brings greater financial inclusion to users.”

“Visa wants to serve as the bridge between the crypto ecosystem and our global network of merchants and financial institutions. With programs like the Gate Visa debit card, Gate Group debit cardholders are enabled with a seamless way to convert and use their digital assets to pay for goods and services, anywhere Visa is accepted,” noted Cuy Sheffield, Head of Crypto at Visa.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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