ZELF, a major fintech company based in the United States has announced the launch of a new debit card.
According to the officials, it is an anonymous debit card that is backed by Visa, a major payment services giant.
The new card will be usable on multiple locations from all over the world and will be supporting cryptocurrencies.
ZELF Launches a Visa Debit Card
ZELF has launched a new anonymous debit card powered by Visa. The card holders will be able to use it on more than 80 million locations all over the world.
The firm has also provided information on how the users will be able to open up an account on their platform and apply for a debit card.
The user will have the ability of opening up a checking account for the US dollar. The only piece of information they have to provide is the phone number, the email address, and their name.
The platform has tried is best to make things very easy and comfortable for the users by bombarding them with a small process when applying for the card.
The users will be able to sign up for the card without having to provide any documentation, proof of address, or not even a social security number.
The offer is available not only for the existing users but the prospective clients can also use the process and become part of ZELF’s debit card community. They can also gain access to an anonymous debit card.
The best feature of the new debit card is that it is compatible with Google Pay as well as Apple Pay. Each transaction attempted will be processed within 30 seconds.
Funding of the Account
As the users get the debit cards, they will have the option of topping up their accounts using the electronic payment methods considered traditional. They can even use wire transfers and add money to their accounts.
The best feature is that the users can even transfer money using cryptocurrencies. The users can add cryptocurrencies to their accounts using a cryptocurrency wallet.
For now, the users have the access of making deposits into their checking accounts and adding funds to their debit cards using a few cryptocurrencies. These cryptocurrencies include Ether, Tether, and USD Coin.
More Tokens to be added
ZELF officials have confirmed that they are not planning to stick with the few cryptocurrency options for topping up the accounts.
They have plans of adding multiple cryptocurrencies but that is going to happen by the end of the year.
They have planned to add at least 20 more cryptocurrencies to their offerings by the end of 2022.