AS MORE USERS ADOPT CRYPTOCURRENCY WORLDWIDE FOR A STORE OF VALUE , SEAMLESS EXCHANGE AND SPENDING OF THOSE ASSETS AT THE POINT OF SALE ARE NECESSARY FOR THE BEST USER EXPERIENCE .
INDUSTRY WATCH
AS MORE USERS ADOPT CRYPTOCURRENCY WORLDWIDE FOR A STORE OF VALUE , SEAMLESS EXCHANGE AND SPENDING OF THOSE ASSETS AT THE POINT OF SALE ARE NECESSARY FOR THE BEST USER EXPERIENCE .
AlphaPoint , a leading provider of digital asset infrastructure for fintechs , exchanges , brokerages , digital wallets and banking , has confirmed its support for the launch of the Wenia Card – a new crypto-backed Mastercard .
This solution is pitched as providing Wenia users with a secure and user-friendly seamless way to spend their crypto assets in real-time at any merchant accepting Mastercard worldwide .
The Wenia Card is powered by AlphaPoint ’ s advanced infrastructure , which also underpins the Wenia exchange , delivering secure , compliant and scalable solutions .
The integration allows Wenia users to effortlessly link their crypto balances to the Wenia Card , with realtime conversion of assets , including Bitcoin ( BTC ), Ether ( ETH ), stablecoins like USD Coin ( USDC ), Bancolombia ’ s Colombian peso-backed stablecoin , COPW and others such as Polygon ( MATIC ), Solana ( SOL ) for use in everyday transactions .
Features and benefits of the AlphaPoint card offering include :
• Spend Your Crypto Anywhere : Allows users to seamlessly spend their crypto balances directly from the exchange accounts , anywhere Visa or Mastercard is accepted , bridging the gap between digital assets and real world transactions .
• Smart Conversion : Automatically converts from multiple currency balances when one is insufficient , avoiding transaction failures due to insufficient funds and ensuring transactions are always successful .
• Digital Wallet Enabled : Compatible with Apple Pay and Google Pay mobile wallets .
• Budget Limits : Configurable spending limits for users virtual and physical cards .
“ We are thrilled to support Wenia to enable this innovative product for their growing user base ,” said Igor Telyatnikov , CEO , AlphaPoint . “ As more users adopt cryptocurrency worldwide for a store of value , seamless exchange and spending of those assets at the point of sale are necessary for the best user experience . This launch demonstrates our continued belief and investment in making cryptocurrencies more accessible and usable , providing users with a seamless , trusted , and efficient way to spend their digital assets .”
AlphaPoint ’ s new Payment Card Solutions offering provides the ability to launch Debit and Credit Card products enabling users to use their crypto balances for purchases worldwide .
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