MCO Visa Cards will be available for shipping in Singapore starting today, announced Crypto.com in its blog. These are traditional high-end prepaid options, but with a twist: the Wallet app with which you control your card now allows to securely buy, sell, store and transact cryptocurrencies with a single tap, all without the exchange fees. Cryptocurrency gets seamlessly converted to fiat ready to spend in the real world.
Other more traditional but nice to have features include no yearly or monthly fees, competitive interbank rates, airport lounge access for select cards, free ATM withdrawals, and tap-and-pay functionality.
Reservations for the MCO Visa Card are made using a mobile wallet app which includes a three-minute customer onboarding process. Using the Wallet app, customers are able to manage their card usage, transactions, with the ability to freeze or unfreeze their card with a single tap.
Kris Marszalek, Co-Founder and CEO of Crypto.com commented the card range release:
“We are thankful for the support of all our partners and our community. During this process, our team has grown tremendously and worked incredibly hard to achieve this milestone. This is an important step towards our mission of accelerating the world’s transition to cryptocurrency.”
The platform draws users attention to the fact that cryptocurrency exchanges to fiat currency take place before users transact on the Visa network.