Binance, the popular crypto exchange and blockchain company, today announced the expansion of its Binance Visa Card to all eligible users from the European Economic Area (EEA).
Binance Visa Card now supports NFC payment apps, including Google Pay and Samsung Pay, offering more ways to convert and spend BTC, BNB, SXP, and BUSD to fiat at more than 60 million locations around the world.
“We are thrilled at the positive response we’ve received from the first adopters of our Binance Visa Card,” said Binance’s Director of European Growth Josh Goodbody. “Through introducing new features such as the NFC payment support and making the card available in more regions, the Binance Visa Card will help us further our mission of making crypto accessible to the masses.”
Powered by Swipe’s platform, the Binance Visa Card enables digital assets to remain in their native form until a point-of-sale transaction occurs, allowing Binance Visa Cardholders to convert and transact with cryptocurrencies seamlessly. Binance Visa Card users will be able to recharge their Card Wallet directly from their Binance Spot Wallet and choose which order of preference to debit their BTC, BNB, SXP, and BUSD assets.
Binance Visa Card’s 7% cashback offer
To celebrate the European-wide rollout, Binance Visa Card is offering users cashback benefits of up to 7%. The cashback percentage will depend on the user’s card level, which is based on the amount of their BNB staked in any Binance.com wallet.
In addition to cashback benefits, Binance Visa Card offers zero transaction fees, maintenance fees, and subscription fees, as well as competitive cashback rates and zero transaction charges for purchases made in Euros.