Partnerships being made with Spend

Coming from recent reports, the Dash cryptocurrency has managed to start a collaboration with the Spend app platform. This will enable customers to now use Visa cards for purchases of goods and services with the Dash and Tron cryptocurrency.

Crypto fans can now spend their Dash at more than 40 online and offline shops thanks to its partnership with the Spend App.

DASH will work together with VISA cards and there are three important new features that users will be able to enjoy. Users of these cards will be able to spend more than $500, $5000 and up to $10,000 per day.

The introduction and implementation of these cards will also include technical support, together with a variety of rewards. The last two features that were released provided access to the Spend VIP mode that comes pre-installed with these cards.

After an issuer has received verification from the customer, a mail will be sent to the client along with the requested card. The cards can then be linked to the Dash app and other cryptocurrencies as this will also be a prerequisite.

The Spend wallets will support over 16 different coins for users to exchange cryptos into fiat currencies like USD,CAD and EUR.

Spend pushes crypto ATM cards popularity

Crypto ATM cards are slowly entering the market and the awareness of cryptocurrency holders. Today there are a few successful functioning cards like FuzeX card and Paycent.

Some merchants who accept cryptocurrencies directly also make use of these cards, without the need to convert back into fiat money for them first.

However, the creation of these ATM cards has been proven to be difficult because of banking regulations that target them specifically. The costs for spending with a physical card is normally high and it also comes with high fees attached to them for memberships and limits on spending funds.

Even though the direct acceptance of crypto will help mass adoption, the implementation of cards will also prove to be useful to many.

The Blockchain technology has led to the making of great projects and has brought a lot of new ideas and innovation to the financial payments industry.

Tron cryptocurrency is also available on the Spend app with its Spend card on the way.

What do you thing about this development on the Spend platform? Please feel free to leave a comment down below.