Review on Bonpay USD Card by Naomi Ilani
The Bonpay USD
The Bonpay is a London based Blockchain company that got the Bonpay USD established. The Bonpay USD card is a MasterCard (and MasterCards are presently the most accepted cards in the world, making it's acceptability a less concern. It is a card that is supported in 136 countries and accepted by 3.5M ATMs (all these are rough estimations and approximations). The card is known to support about 126 fiat currencies but limited to just on cryptocurrency, the
The card can come either in its virtual state or plastics form and these can be used for mobile transfers and withdrawal of fiat curre
The fees are ok as the cost if acquiring the card is $15, ATM fee $2.5 and a monthly fee of $0.5 is charged. If you're looking for a card that accepts a wide variety of fiat, the Bonpay shouldn't pass you
Pros
- The card supports a very wide variety of fiat currencies
- It's charges are moderate
- It is a MasterCard, and MasterCards are widely accepted
- The card is decentralized
Cons
- It is limited to just one cryptocurrency
