Australians Can Use Crypto Debit Card at 30,000 ATMs and Up to 1 Million Payment Terminals

Udgivet den by Cointele | Udgivet den

A Sydney-based startup is seeking to change the status quo by offering a crypto debit card which enables the likes of Bitcoin and Ethereum to be used at any business or ATM across Australia.

Au says its card is free to acquire, and consumers don't have to pay any fees when they top it up.

Crypto that's loaded on to the card is also available for immediately use - preventing those agonizing waits until funds clear.

Frequent users of the Bitcoin card can avoid a $4 inactivity fee as long as they top up the cards every few months.

Au, says his team has been motivated to create a platform that gives Australian consumers who may not have encountered crypto before an easy way to include it in their everyday lives.

He added that adoption of the Bitcoin card has been greater than expected - attracting casual crypto users and professionals ranging in age from 18 to 80.A simple activation process takes place when a user receives their card, and according to BTC.com.

A partnership with the Blueshyft network enables users to complete crypto purchases using cash at more than 1,200 retail outlets across Australia.

The startup says it is also opening new doors to people who want to pay utility bills or give money to loved ones using crypto.

Au's card can also be used at EFTPOS terminals - and according to the Australian Payments Network, more than 960,000 can currently be found nationwide.

Au's brokerage service is geared toward people who are looking to make their first crypto purchase without being overwhelmed by confusing and difficult-to-navigate trading platforms, where charts and complicated language all too often dissuade people from getting involved altogether.

x