Gate Group Announces Plans to Launch New Visa Debit Card in Europe

PRNewswireMarch 9, 20234 min

Gate Group, a pioneer in the¬†crypto¬†industry and famous for its¬†crypto¬†exchange, has announced the planned launch of the¬†Gate Visa debit card¬†through Gate Global UAB, the Group’s¬†Lithuania-based company, allowing users an easier way to convert and spend their¬†cryptocurrency¬†in the real world seamlessly.

The new Gate Visa debit card offers users a simple method to convert their crypto assets into fiat for in-store and online purchases, providing a seamless and secure way for users to spend their cryptocurrency at the 80 million merchant locations that accept Visa worldwide. The card will give users complete autonomy over their spending, with easy-to-use features built directly into its associated Gate Card app, from which users can track and manage their spending safely and securely.

“We are thrilled to introduce this innovative solution to the market,” said Dr.¬†Lin Han, Founder and CEO of Gate Group. “With the Gate Visa card, our users can make seamless¬†crypto¬†payments to merchants worldwide. It bridges¬†crypto¬†with everyday life and brings greater financial inclusion to users.”

“Visa wants to serve as the bridge between the¬†crypto¬†ecosystem and our global network of merchants and financial institutions,” said¬†Cuy Sheffield, Head of¬†Crypto¬†at Visa. “With programs like the Gate Visa debit card, Gate Group debit cardholders are enabled with a seamless way to convert and use their digital assets to pay for goods and services, anywhere Visa is accepted.”

A waitlist and registration process is now available for the new card. This waitlist will be open to users in most of the European Economic Area (EEA) countries with plans to expand to other regions. To join the Gate Visa debit card waitlist and to stay updated for more information.

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