Review on CryptoPay USD by jesus ruiz
CryptoPay USD, an easy and secure solution for the use of cryptoassets backed by VISA
Cryptocurrencies are changing traditional finance. Along with Blockchain technology and the introduction of cryptocards, backed by finance giants such as Visa and Mastercard , they have become mainstream with a range of solutions such as cryptocurrency lending and Stablecoins.
The CryptoPay USD card serves essentially the same function as traditional credit or debit cards, the most significant difference is that it offers the opportunity to pay for day-to-day goods and services with your crypto assets without the need to convert them into fiat money through a third-party platform.
Because of its alliance with the VISA corporation, CryptoPay USD leverages Visa's existing infrastructure, bankcard terminals are a readily available payment option in millions of stores around the world. The card does not require the merchant or consumer to do much more than simply insert or tap the card.
In my opinion, the future of the world economy lies in the development of cryptocurrency trading. In this sense the CryptoPay USD card represents an easy and secure way to encourage the use of cryptocurrencies in our daily lives.
The CryptoPay USD card is easy to acquire and the fact that I can track my transaction through the app using a mobile device is one of my favorite options offered by the card.
Pros
- Easy to acquire
- Easy to use
- It has the support of Visa, which enables the use of all the financial infrastructure of this corporation.
Cons
- Has high issuing and usage fees
- Should be expanded to developing country economies
