The post Spend2Burn with $ZIG Card Powered by MasterCard — Seamless crypto payments at +38M merchants worldwide appeared first on Coinpedia Fintech News
Zignaly’s mission is to bring financial freedom to everyone, everywhere. $ZIG Card, the latest addition to the $ZIG utility set, is another step in this direction.
Powered by Mobilum and MasterCard, ZIGCard allows consumers to easily spend crypto at over 38 million retail and online merchants in +210 territories worldwide. It also provides access to MasterCard’s massive ATM network.
Available in virtual and plastic versions, ZIGCard offers grassroots users a versatile, seamless, and secure off-ramp for day-to-day use.
From buying coffee to paying utility bills, it makes crypto valuable for a range of practical purposes, which so far is unthinkable for most parts.
What’s more — ZIGCard natively supports the unique #Spend2Burn initiative. Users can directly contribute to the community-oriented $ZIG Buyback & Burn program which drives Zignaly’s deflationary tokenomics.
The more users spend, the more Zignaly burns. It creates a positive feedback loop, boosting $ZIG’s value and benefiting the community as a whole.
Utility, but with a long-term vision…
Solving practical, real-world problems is key to achieving mass crypto adoption in the coming decade. And while products like ETFs, etc. are great, there is a growing need for ‘killer apps’ that are retail-centric. Here, ‘apps’ doesn’t only mean software applications, but anything that makes the end user’s life better.
For example, enabling hassle-free and frictionless global payments. Consumers and merchants often have a hard time sending/receiving payments across borders. Some of the main challenges include high costs, long settlement times, regulatory complexities, etc.
Blockchain-powered distributed financial networks and digital assets solve these issues. But although they make borderless payments possible, lack of accessible infra is a key hurdle to mainstream adoption.
Given the volatile, fragmented nature of crypto markets and widespread regulatory uncertainty, it is pretty challenging for merchants to accept private currency payments. Meanwhile, consumers lack a simple and cost-efficient mode of payment/spending.
ZIGCard aims to fix all this. MasterCard and Mobilum’s support ensures a robust integration with legacy payments infra. Merchants don’t need to worry about the hassle of setting things up or compliance. Consumers can spend crypto just as they would through their familiar banking apps or debit cards.
Except, everything will be faster, more secure, and affordable. Plus with #Spend2Burn, the $ZIG community benefits with fast-growing buyback & burn rates — i.e., the mark of a functional circular economy.
ZIGCard’s design is a testament to abstracted new-age payment solutions where end-users benefit from cutting-edge technologies, even without any knowledge or understanding of the underlying complexities. And the active participation of established market leaders gives the much-needed credibility boost.
Overall, besides enhancing the ecosystem’s utility, ZIGCard brings Zignaly closer to realizing its vision of unleashing sustainable wealth generation opportunities for all.
Getting started with ZIGCard & #Spend2Burn
If usage is so easy, can getting started be difficult? No. Making user-friendly solutions is a top priority for Zignaly and this fully applies to ZIGCard.
The ZIGCard registration process involves only a few clicks. Anyone can visit the official website and fill out a form to begin.
It has a straightforward, OTP-based KYC procedure, where users simply need to provide/verify their email ID and mobile number.
They can then choose from a list of available chains and top up their card with a single button. USDT and USDC deposits are also available for optimal accessibility. ZIGCard works with GooglePay and ApplePay, ensuring a full spectrum of last-mile payment options.
ZIGCard is a means to give users more control over their financial lives. With solutions like these, a novel, community-centric economic future is unfolding.
Better opportunities to create and use wealth will empower individuals worldwide to do more progressive work that benefits everybody. Holistic growth will become a reality this way and it will lead to a fairer world driven by innovation.
ZIGCard is a small but significant contribution to this movement. It sets a new standard and shall inspire projects to focus on creating tangible value for end-users.
Last but not least, Zignaly is working tirelessly to expand ZIGCard’s scope with more features, rewards, and support for diverse revenue streams.
It is a forward march. And those who join early will go the farthest.