Blockchain solutions provider MinexSystems has now announced that its much-anticipated MineyPay debit card is available for pre-order. The crypto-enabled debit card represents the simplest, quickest way to pay for everyday purchases with cryptocurrency, just as you would with a normal debit card.

Studies show that more than a third of all payments made today involve cards. At the same time, cryptocurrency is making significant inroads into payments, with a growing community resulting in a growing demand for tools that would allow the use of crypto in daily lives. With this rapid growth, there is little to suggest that cryptocurrency will someday be accepted at stores, as easily, or even more so than normal dollars.

Currently, crypto-enabled payments do exist across several solutions, but none yet are satisfactorily adequate. It is here that MinexSystems believes its solution to be a unique and innovative one.

The MinexPay Edge

The MinexPay debit card introduced a host of benefits for cardholders, allowing for simple and cheap global payments anywhere cards are accepted. Since the cards are Visa-branded, this opens immediate opportunities to over 40 million retail outlets and 2.5 million ATMs for withdrawing cash across more than 200 countries, for truly borderless payments.

Crypto purchases couldn’t be easier as there are no complications from exchanging crypto either, as crypto payments are automatically settled in the currency of purchase, with real-time governance of user funds in currency of issuance at all times, allowing users to pay with whichever currency they want, whenever they want.

Users can also enjoy disruption-free services, on the go via mobile app or via the website, all of this while enjoying reduced services fees from as low as 0%, to cashback as high as 1%.

There are several card levels, with respective benefits, with details as follow.





Standard Card

Price:

2 MNX, no balance required

Fee structure:

- 2% ATM withdrawal on MNX, 4% on other crypto

- 1% Point-of-Sale (PoS) terminal on MNX, 2% on other crypto

- 0% MNX replenishment

Limits:

- $200 daily withdrawal, $2,000 monthly (or USD equivalent)

- 80% overdraft

Gold Card

Price:

5 MNX, 50 MNX balance required

Fee structure:

- 1% ATM withdrawal on MNX, 2% on other crypto

- 0% Point-of-Sale (PoS) terminal on MNX, `% on other crypto

- 0% MNX replenishment

Limits:

- $1,000 daily withdrawal, $5,000 monthly (or USD equivalent)

- 90% overdraft

Platinum Card

Price:

10 MNX, 200 MNX balance required

Fee structure:

- 0.5% ATM withdrawal on MNX, 2% on other crypto

- 0% Point-of-Sale (PoS) terminal on MNX, 1% on other crypto

- 0% MNX replenishment

Limits:

- $5,000 daily withdrawal, $100,000 monthly (or USD equivalent)

- 95% overdraft

Cashback:

- 0.5%

Infinite Card

Price:

100 MNX, 1,000 MNX balance required

Fee structure:

- 0% ATM withdrawal on MNX, 1% on other crypto

- 0% Point-of-Sale (PoS) terminal on MNX and all crypto

- 0% MNX replenishment

Limits:

- $20,000 daily withdrawal, $600,000 monthly (or USD equivalent)

- 98% overdraft

Cashback:

- 1%

MinexSystems are the same developers behind the world’s first low-volatility cryptocurrency Minexcoin (MNX) , and the popular MinexBank mobile application .

The MinexPay card will be available to pre-order from June 30th, 2018 on the MinexPay web page . Seize your chance to be among the first to own a MinexPay card .

To learn more, visit the website or connect with Minexcoin on Telegram , Medium and BitcoinTalk .

Disclaimer. This article is paid and provided by a third-party source and should not be viewed as an endorsement by CoinIdol. Readers should do their own research before investing funds in any company. CoinIdol shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods or services mentioned in this article.

