Mercuryo Unveils Crypto Card for European Users

posted  5 Sept 2024
Photo - Mercuryo Unveils Crypto Card for European Users
Mercuryo launched the virtual debit card Spend, which is powered by Mastercard and tied to a non-custodial wallet. Aimed at European users, the card operates in euros and integrates with popular payment platforms like Google Pay and Apple Pay, accessible in most regions globally.

The developers claim the card can be created in seconds, with a setup fee of just €1.6 and a monthly maintenance fee of €1. To activate the card, it needs to be linked to a compatible crypto wallet, supporting blockchains like Ethereum, Solana, and TON.
The Mercuryo Spend card is more than just a payment method—it’s a versatile financial tool that allows users to spend their cryptocurrency however they prefer,
the company stated.
While the card embraces decentralization, users must still undergo identity verification in compliance with KYC and AML standards, with a monthly limit of €40,000. Mercuryo intends to roll out the product to other regions soon, although it's unclear when the card will be available in Ukraine.