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Bit2Me Exchange Leverages Mastercard Network for Debit Card, with up to 9% Cash-back

CryptoMode by CryptoMode
February 10, 2023
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Bit2Me is paving the way for a financial revolution by blending the traditional financial sector with the world of cryptocurrency. Based in Madrid, the company has established itself as the top crypto exchange in Spain, and the first virtual currency service provider to receive approval from the Bank of Spain.

In response to the growing needs of the market, Bit2Me has just introduced its latest innovation – the Bit2Me debit card. This card gives users the freedom to effortlessly switch between multiple cryptocurrencies such as B2M, BTC, ETH, ADA, XRP, SOL, DOT, and the leading stablecoin, USDT, for all their spending needs.

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The Bit2Me card benefits from Bit2Me’s advanced technology and the massive global network of Mastercard, offering smooth transactions, contactless payments, and 24/7 ATM withdrawals. The card operates just like a standard debit card, but with the added convenience of quick wallet switching and top-notch security measures, like the ability to lock and unlock the card and set usage limits.

Bit2Me’s CEO and co-founder, Leif Ferreira, sheds light on the rigorous development process involved in integrating the debit card with the Mastercard network and providing a high cash-back rate. He comments,

“Dozens of professionals have been involved in this project, and after two years of work, we have found the key to connect cryptocurrencies to the Mastercard payment network. To do this, we had to modify the transaction flow (which is part of the international card payment protocol) so that customers can use cryptocurrencies to pay instantly and transparently for businesses. Moreover, we have managed to add up to 9% cash back on purchases.”

The Bit2Me card is designed to make the use of cryptocurrencies in everyday life easier than ever, offering instant and secure online payments and ATM withdrawals without the need for manual exchange. Bit2Me’s COO and co-founder, Andrei Manuel, is optimistic about the card’s potential, stating that:

“Our mission is to bring the use of cryptocurrencies closer to everyone. Bit2Me Card allows you to use your cryptocurrencies easily and quickly in your day-to-day life. You can use cryptocurrencies, such as Bitcoin, or stablecoins, such as USDT, at physical or online stores.”

The crypto market has seen stability in recent months, boosting investor confidence and causing a $300 billion USD increase in total market capitalization from January 1st to February 1st, 2023. The Bit2Me card provides a compelling solution for a wide range of cryptocurrency users searching for a trustworthy way to spend their digital assets, with its convenient service, Mastercard network access, robust mobile support, and up to 9% cash-back.

 

The post Bit2Me Exchange Leverages Mastercard Network for Debit Card, with up to 9% Cash-back appeared first on CryptoMode.

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