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January 28, 2020

Crypto wallet service Dove Wallet adds support for credit card payment

Dove Wallet, the global crypto wallet service of Seoul-based blockchain finance startup CHILDLY, is enabling its users to buy virtual currencies directly through credit cards.

The crypto wallet is enabling credit card purchases in USD and EUR for Bitcoin, Bitcoin Cash, Ethereum, as well as Litecoin.

It is supporting the service with support from payment processor Simplex.

The processor previously facilitated crypto card payments for Liquid , Binance, KuCoin, and Netcoins, among others.

Childly CEO Euntai Kim said: “Easier than ever, with a simple & secure way to buy crypto, Dove Wallet’s new built-in payment function will help improve the accessibility of crypto to users of any level at no risk.”

Crypto card developments in 2019

Several firms have come up with crypto card offerings last year.

In July 2019, crypto exchange platform Coinbene collaborated with Mastercard to launch a new crypto payments card.

Later in 2019, Fintech firm Spend launched Visa Cards for cryptocurrency users in Canada.

Additionally, last year, cryptocurrency exchange Binance partnered with travel booking platform TravelbyBit to launch a crypto-backed travel rewards card.

At the same time, Coinbase rolled out its crypto Visa debit card in 10 new European countries.

Wirex also introduced a new crypto-enabled, multi-currency Visa Travelcard for its Asia Pacific customers.

 

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