Monaco Technology has introduced a new cryptocurrency card, Monaco Visa Card, and app that can be funded with Bitcoin, Ethereum and other ERC20 tokens.
The new offering, which will allow users to spend and transfer funds globally at interbank exchange rates, will work on the Visa network wherever it is accepted.
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Monaco App will allow users to make transfers in 23 currencies to 120 countries, and free and instant transfers between Monaco users. The funds will be immediately available to the recipient and accessible with the card.
Monaco Technology founder Kris Marszalek said: “The team worked incredibly hard over the last year to bring the Monaco Visa Card & App to the market. It’s a beautifully simple product that allows users to avoid all the bank charges and currency exchanges impose on them.
“It brings amazing value, transparency and peace of mind. You’ll never have to worry about exchange rates again, always getting the best deal physically possible.”
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