XCARD is an all-in-one digital wallet and crypto credit card

A lot of companies are trying to make cryptocurrency payments effective, and accessible for everyone. However, existing solutions are not working well, and we still can’t use our cryptocurrencies as easy as FIAT money on day to day basis. Cryptocurrencies are not a means of payment, only a speculative investment product. This is due to low adoption and liquidity, which creates instability and uncertainty. With XCARD, these problems will no longer exist.

In this article, you will see why XCARD can become a global leader in the payments industry, and how we differentiate ourselves from our competitors.

Our mission

XCARD’S mission is to connect fiat currencies and crypto assets in real-time. For the first time, we are enabling instant payments in any cryptocurrency, decreasing the total cost of each transaction, and guaranteeing the most favorable execution for customers.

C ompetition

We compete with the top companies on the financial market but none of them combines financial services as XCARD does.

XCARD Compared to other similar projects

Why XCARD is brilliantly differentiated?

XCARD is the first and only wallet that enables you to connect any payment card you want. We enable cryptocurrency spending on any existing credit card, debit card or prepaid card. There are several different methods used by XCARD to connect your payment card: wire transfer to the International Bank Account Number (IBAN) associated with the payment card, OCT (Original Credit Transaction) for VISA cards, Money Send for MasterCard.

XCARD also issue its crypto credit card by VISA, which allows instant and super safe use of any crypto and FIAT assets. Funds can be spent instantly at any point of sale and e-commerce, or used for ATM cash withdrawals. We are going to be a principal member of Visa, and we can issue payment cards on our terms. For comparison, the Revolut is only an associate of Visa.

XCARD’S biometric crypto credit card

As an alternative to directly spending your crypto, you can choose to get a loan on your card, using your cryptocurrency as collateral. In this case, your cryptocurrency is not spent and you can pay back the credit without currency conversion. If the period of the loan is within one day you are not paying any additional interest.

It’s worth to mention that XCARD is a multi-asset wallet. It supports all fiat currencies, almost every liquid cryptocurrency, securities based on the blockchain technology, Non-fungible tokens, and collectibles, eCommerce payment services, peer to peer transfers and lending & recurring payments.

A total game-changer is providing merchants the ability to accept payments in any currency and cryptocurrency instantly and receiving that payment in the currency of their choice, at the best execution rates.

We want to implement zero fees whenever possible. Most of the transactions performed with XCARD won’t require any additional fee, other than membership requirement in MBM Tokens. It will significantly decrease the cost of using cryptocurrency on a day-to-day basis.

T his is just the tip of the iceberg…

In this article, we described just a few benefits that XCARD gives. We highly encourage you to read our Whitepaper, and learn more about the project! https://xcard.io/static/XCard-Whitepaper-21082019.pdf

Make sure to join our Telegram https://t.me/mobilumcom and chat with us!

Thank you for reading!