As a seasoned financial analyst with over two decades of experience in the industry, I must say that CoinZoom’s rapid success in issuing 114,000 Visa Debit Cards within a month is nothing short of impressive. The company’s unique blend of traditional finance and cryptocurrency services has clearly struck a chord with customers worldwide.
Salt Lake City, Utah, December 12th, 2024, Chainwire
In under a month since its launch in November, the globally recognized fintech and payments company, CoinZoom, has issued over 114,000 Visa debit cards to customers residing in 152 countries. This rapid adoption underscores the strong global interest in CoinZoom’s innovative debit card that empowers users to decide between cash or cryptocurrency for each transaction and offers up to 5% crypto rewards on all purchases.
Purchases in crypto
CoinZoom reports over half a million transactions spanning 42 different countries utilizing our debit cards. A significant portion of these expenditures have been made using various cryptocurrencies, suggesting that users desire a smooth transition between conventional banking and cryptocurrency services. The card offers standard debit functionality, enabling customers to purchase airline tickets, cruises, hotels, and online shopping with their CoinZoom card. Users appreciate this feature since some other crypto prepaid cards do not support pre-authorized transactions like hotel bookings and reservations. Furthermore, the card allows users to earn up to 5% back in cryptocurrency rewards on purchases, expanding spending possibilities within the digital economy and demonstrating a preference for flexibility when using cryptocurrencies.
Globally, there are approximately 617 million individuals owning cryptocurrencies, with an estimated yearly increase of 28%. This rapid growth places CoinZoom in a distinct advantage for addressing the expanding market’s need for practical and secure means to utilize digital assets. The CoinZoom Visa Debit Card provides a hassle-free solution, enabling crypto holders to seamlessly blend their assets into daily routines.
Across the world, more than 5 billion debit cards are currently in circulation, and these cards are particularly favored by younger generations like Gen Z and Millennials when making purchases. CoinZoom’s distinct advantage of allowing both fiat and cryptocurrency spending, along with cashback incentives, makes it a prominent contender in the international debit card market.
Todd Crosland, founder and chairman of CoinZoom, stated that issuing 114,000 Visa Debit Cards in just one month shows a significant interest in their financial offerings. This achievement marks the start of an exhilarating phase of growth as we aim to empower cryptocurrency owners, streamline cross-border remittances, and enter the global debit card market.
CoinZoom key features
CoinZoom is a worldwide financial technology company that facilitates payments, providing users with the ability to transfer, utilize, save, and invest without restrictions. To make the advantages of blockchain technology accessible to all, CoinZoom provides various funding methods such as Apple Pay, Google Pay, debit and credit cards, wire transfers, ACH deposits, direct deposits, and instant cash deposits at numerous U.S. retail locations. Its innovative international peer-to-peer payment system, ZoomMe®, is a crucial component of its crypto-to-cash ecosystem, enabling users in 169 countries to deposit or send cash or cryptocurrency instantly, globally, and for free – eliminating millions of dollars in remittance fees.
As a researcher delving into the world of cryptocurrencies, I’ve come across the CoinZoom Crypto Debit Card. This card offers an unprecedented level of flexibility, enabling me to spend either USD or cryptocurrency at over 130 million merchants worldwide. What’s more, with every purchase, I can earn up to 5% back in crypto.
About CoinZoom
CoinZoom operates as a registered Money Services Business within the United States, undergoing thorough scrutiny from FinCEN, and boasting a SOC2 Type II Certification – considered the highest standard for a company’s data security practices. Aside from the U.S., it has subsidiaries in Australia (CoinZoom Australia PTY LTD, registered as a Digital Currency Exchange with AUSTRAC) and Ireland (CoinZoom Europe Limited, awaiting registration as a Virtual Asset Service Provider). The platform is available for trading in 45 American states.
Users can visit: LinkedIn | X | CoinZoom
Contact
Marketing & Communications
Adrianne Blackett
CoinZoom
cz.marketing@coinzoom.com
1-385-355-6540
Read More
- POL PREDICTION. POL cryptocurrency
- PYTH PREDICTION. PYTH cryptocurrency
- Smino and Samara Cyn To Hit the Road on ‘Kountry Kousins’ Tour
- The Vampire Diaries Nina Dobrev Reunited With Co-Stars To Recreate Throwback Photo, And I’m Not The Only One Loving It
- Ananya Panday claims ‘its tough being Bhidu’ after working with Jackie Shroff; find out why
- Blockaid new dashboard to track Web3 activity and threats
- AI16Z PREDICTION. AI16Z cryptocurrency
- Solana L2 Sonic includes TikTok users in airdrop
- SEN PREDICTION. SEN cryptocurrency
- Hong Kong Treasury says crypto is not a ‘target asset’ for its Exchange Fund
2024-12-12 18:46