Review on Paycent EUR by David Olayide
The Paycent EUR Debit Card Is Free
The Paycent crypto card, is a Visa oriented cryptocurrency debit card. This card is available to the trading/merchant public in two forms. Both in the Virtual and physical form. As I write this review, the card currently supports only one cryptocurrency, Bitcoin. In a positive light though, this is subject to change in the future. When talking about Fiat currencies, the Paycent debit card offers about three currencies I know of and they are, the EUR, GBP and USD. US based investors are not restricted from making use of the card and the Paycent card has been tagged as the most consumer friendly crypto currency debit card available among others.
Good news abounds y’all. First, there is no need for you to bother about no monthly maintenance fees. Or for that matter, an issuance fee. This right here has been considered more consumer friendly than a vast majority of other crypto debit cards. Then too ATM-usage is priced at USD 4.50. Paycent’s commission on spending charges are a fixed fee of USD 1.50 per transaction, and if you’re abroad there is a FX conversion fee of 2.50%.
The maximum annual deposit is USD 0.6 million. And you might not need a higher maximum deposit limit. Paycent is working on being a worldwide leader when it comes to mobile and cashless transactions. They have two tools, including the Paycent app, and the Paycent card to help them realize their long term goal. Paycent currently has three different debit cards. There is the Paycent China UnionPay Card, Paycent UnionPay International Card and the Paycent Mastercard.
Pros
- No issuance fee
- Available in both virtual and physical form
Cons
- Fees may add up
- Does not support a lot of digital assets
