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Home » Dubai Startup to Introduce Anonymous Crypto Debit Card

Dubai Startup to Introduce Anonymous Crypto Debit Card

Kelly Cromley by Kelly Cromley
Aug 7, 2022
in Bitcoin News, Market News, News
Reading Time: 2 mins read
0

A blockchain business based in Dubai has released a crypto debit card that can be used in conjunction with an online bitcoin wallet. AlphaCard’s goal is to achieve mainstream cryptocurrency usage by providing a prepaid card that can be loaded with cryptocurrency and used at any Visa POS terminal. As its name suggests, it’s meant to help those who don’t have access to standard financial resources like banks and credit cards. The CEO and co-founder of the firm, Abraham Cohen, has made the following statement: “Crypto debit cards are swiftly altering the banking sector.”

AlphaCard, a financial technology firm that aims to revolutionize traditional banking and payment networks using Blockchain technology, has unveiled the debut of a crypto debit card that will enable its clients to retain and spend their cryptocurrency holdings at brick-and-mortar establishments.

At the Blockchain 360 conference, which will take place in Dubai on November 29, 2022, the business will demonstrate their cryptocurrency debit card. The AlphaCard project is a worldwide decentralized payment processing service that issues anonymous Visa debit cards to consumers and merchants for simple money transfers. Both Android and iOS users may download a corresponding app that functions as a mobile payment terminal.

Blockchain company AlphaCard was founded in the United Arab Emirates by a group of banking and finance industry veterans. A crypto debit card issued by the corporation may be used to make purchases wherever Visa is allowed. This company is going to completely alter the financial landscape of the Gulf area.

The bitcoin community in the United Arab Emirates now has access to a new crypto debit card. AlphaCard Network, a B2B blockchain firm located in Dubai, has released a crypto debit card that functions similarly to a traditional debit card and can be used at any store that takes Visa or Mastercard for payment.

When it comes to completely private and convenient financial transactions, nothing compares to the Anonymous Visa Debit Card. A debit card that does not need you to reveal your identity when making withdrawals from any ATM in the globe. This card is issued by a major financial institution in the United Arab Emirates (UAE), and it may be physically delivered to your home in a matter of days (depending on your location). You may use the card anywhere that accepts Visa since it has an embedded EMV chip.

If you want a physical card but don’t want to hold or disclose your identity, this is the card for you since it has a cheap monthly price and you don’t need to hold or reveal your identify to get one. The Anonymous Visa Debit Card does not have any additional costs since protecting one’s privacy is fundamental. It safeguards your privacy and provides you with anonymity when you’re on the road.

Accessing your cryptocurrency holdings is made simple with the anonymous Visa debit card. No identification or verification is needed. Simple fund your account using cryptocurrency. You may make purchases and cash withdrawals at any location that accepts Visa debit cards.

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