Entertainment Focused Metaverse Platform MaziMatic Partners with Crypto Debit Card Provider Saitacard June 26, 2023 June 26, 2023 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsJune 26, 2023 by Kelly Cromley

Entertainment Focused Metaverse Platform MaziMatic Partners with Crypto Debit Card Provider Saitacard

The highly anticipated collaboration between MaziMatic, a multi-entertainment metaverse, and Saitacard, a virtual cryptocurrency debit card powered by ePayme, has been officially announced. Saitacard has gained recognition for its tap-to-pay feature, which enables users to make payments through Apple Pay and Google Pay. The card offers a spending limit of USD 50,000 and does not require KYC verification. This collaboration marks a significant achievement within the fintech-crypto sector, aimed at revolutionizing the future of crypto debit cards.

Saitama is a web 3.0 technology firm that focuses on streamlining and enhancing the safety of decentralized finance (DeFi) for the general public. The company develops tools that enable individuals to earn a living with cryptocurrencies. The collaboration between Saitacard, ePayMe, and Saitama establishes a leading cryptocurrency debit card that offers unparalleled purchasing power to people worldwide. Saitacard aims to transform the way people perceive and utilize crypto assets by providing support for over 14 cryptocurrencies and offering regulatory-free reporting.

The success of this collaboration heavily relies on MaziMatic’s bold and innovative approach to eliminating top-up fees. Conventional cryptocurrency debit cards typically impose a surcharge of 1 to 10 percent on the total amount for top-ups. The integration of MaziMatic’s native token, BNB, on Saitacard eliminates the standard 3.5% fee and provides customers with a 5% incentive on each top-up transaction. The shift towards a fee-free model presents fresh opportunities for integrating cryptocurrencies into traditional financial systems. This advantage is currently not available with other tokens, such as Bitcoin-based debit cards.

According to Karan Bhandari, the CEO of MaziMatic, the objective of this market shift is to eradicate charges on card top-ups and promote financial freedom by removing barriers. It is expected that the collaboration with Saitacard will offer customers exceptional value.

Manpreet Singh Kohli, also known as “Mkay” and serving as the chief financial officer of Saitacard, expressed great enthusiasm for partnering with MaziMatic, a trailblazing entity in the multi-entertainment metaverse. The objective of this collaboration is to transform the landscape of cryptocurrency debit cards, granting users unparalleled purchasing power and economic autonomy. The partnership’s strategy of removing top-up fees and providing a 5% incentive for each top-up has the potential to facilitate the widespread adoption of cryptocurrencies. Saitacard is transforming the perception and utilization of cryptocurrency in daily life by offering support for over 14 digital currencies and seamless integration with leading payment platforms.

The Saitacard facilitates daily transactions of up to $50,000, allowing for increased financial flexibility in global day-to-day transactions, with the exception of North Korea and Iran. MaziMatic has established a specialized support team that operates 24/7 to cater to the needs of Saitacard users. This team can be contacted through WhatsApp and Telegram for prompt assistance. The card enables both online and offline transactions and is interoperable with major payment platforms like Apple Pay and Google Pay.

The Saitacard application process can be initiated through saitacard.io or by downloading the SaitaPro application from either the Google Play Store or the Apple App Store. SaitaPro is recognized as a decentralized wallet that is similar to Trust Wallet. It allows users to incorporate their existing wallets from Metamask or Trust Wallet, or create new wallets.

The Saitacard can be obtained through payment in US Dollars or via a debit or credit card. The crypto card is considered the best in the market due to its affordable starting price of $99 and absence of any annual maintenance fee or additional charges.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.