2gether adds crypto to pre-paid Visa card

Source: 2gether

Following its successful beta launch in Spain, 2gether, the modern mutual banking platform, is announcing its European expansion.

2gether, advised by KPMG and A.T. Kearney, is empowering users across the eurozone to spend their crypto anywhere, anytime, with one swipe of the 2gether card.

Crypto companies have been talking the talk when it comes to mass adoption, but not actually walking the walk. Crypto is still not widely accepted everywhere, and the places that do accept crypto are not usually places that your average person wants to shop, like malls, movie theaters, or local bars. Currently, spending crypto is a long and difficult process involving exchanges, personal keys, and lots of waiting.

2gether’s prepaid Visa debit card allows consumers to spend crypto as easily as if they were euros anywhere, instantly without fees. Whether it be shopping at your favorite boutique or taking a friend out for dinner, users simply swipe their 2gether card and it seamlessly integrates cryptocurrency into the everyday lives of its customers, essentially paying with crypto without even realizing it. Buying new shoes downtown? Swipe your 2gether card and your crypto seamlessly covers it all. Treating mom to brunch? Pay using your crypto with just a single swipe. Pay for parking at the theater, tickets to the premier, and even butter for the popcorn - all with crypto, as easily as swiping a Visa card.

The 2gether customer can:

Pay in Euros or instantly convert 1 of 7 cryptocurrencies to pay with the Visa card: ETH, BTC, XPR, BCH, EOS, XLM, and LTC
Hold and manage euro and crypto balances in the same app
Buy and sell crypto in two clicks with no mark-ups to exchange prices

In the future, 2gether’s platform will be incorporating AI and machine learning technologies to assist with financial management, product choices, and investment decisions best suited to the user.

“2gether is developing the bank of the future, where consumers can take full ownership and control of the services they use and go beyond solely interacting with euros and dollars,” says Ramón Ferraz, CEO of 2gether. “To date, there has been no consumer-owned, tangible application that connects crypto and the mainstream market. We’re proud to be one of the first companies in the crypto space launching a token sale with an already finished product.”

EU citizens can now download the app, pass the KYC process, and be at the top of the waiting list to start using 2gether’s functionalities. On March 27th, 2gether will undergo a token pre-sale of the 2GT as a Virtual Financial Asset under the ticker 2GT. All EU citizens will be able to participate in the pre-sale of €5M and experience all the services featured on the app.
Contributed | what does this mean?
This content is contributed or sourced from third parties but has been subject to Finextra editorial review.

Comments: (0)

Featured job
All Jobs »
London, UK

Head of Sales, Capital Markets Solutions (London, covering EMEA)

six-figures base, double ote, full benefits

11 Mar