Bitpanda issued a card for payments with money, gold or cryptocurrencies

The Austrian payment intermediation platform Bitpanda has issued a card with which it will be possible to pay in different forms of currency. In addition to classic money, users will be able to choose to pay in cryptocurrencies or precious metal.

Clients who start using Bitpanda Card will be able to choose whether to pay for the requested transaction in Bitcoin or gold, for example. The condition, of course, is that the user will have linked accounts in bitpanda with the relevant assets with the credit card. The payment card is supported by VISA.

“We wanted to create a product that is missing from the market. We asked ourselves whether different types of assets could be used to pay at any time when people want to,” said Eric Demuth, co-founder and CEO of Bitpanda, a company based in the Austrian capital.

The card can be paid for both in brick-and-mortar stores and when shopping online. Transactions are handled in real time and Bitpanda does not charge any fees for their use, according to its representatives.


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