John Watson, 23, left home to work and asked for a Didi. Before entering the office, he stopped at a bakery and bought a loaf of bread and juice, using his card. In the middle of the day, he ordered a snack from Uber Eats as he had a discount coupon. His co-worker, Bob, charged him with money he owed, which John did at the same time, using the app. At the end of the day, Gabriel realized that he did not have the physical money to buy the subway ticket and had to cash in before going home. It seems like an ordinary day, and it really is. The difference is that John did all this using cryptocurrency.
In September, CoinBene — in partnership with Mastercard, launches its own card, which will use full cryptocurrency. You may use the card for any activity in your routine, such as a digital account. Cash withdrawals, cashback, payment of bills, direct money sending and even integration with WeChat are some of the features.
Benefits of a digital account — and even more
The card will have an app, where the person may pay their monthly bills, track their balance, get cashback in the agreed establishments and much more.
Deposits can be made directly from your CoinBene account, by bank transfer or even a ticket. There will be two types of cards, Gold, and Platinum, aimed at different audiences. The launch of the card will honor the 70th anniversary of the founding of the People’s Republic of China.
Besides the traditional ATMs, the CoinBene Card customer will manage to withdrawal money in any establishment that has the label “Friendly Withdraw”, estimated to be more than 15,000 places in Brazil. Just take your digital account app into the store, enter the amount you want to withdraw, read a barcode and you’re done! The checkout counter will make available the amount chosen.
Peer to peer transfer
CoinBene Card costumers will be allowed to transfer money among themselves instantly and without any fees, using a simple QR Code.
There are more than 15,000 stores and restaurants with the cashback benefit. When you use your CoinBene Card at a merchant’s convenience store using the CoinBene Card, you get exclusive discounts, which are credited back in cash directly into the card. This credit — which varies from 1% to 10% of cashback — can be used anywhere in the world for other expenses or withdrawn from the ATMs of the banks that are affiliated. Simple like that!
WeChat is an application with almost 1 billion users. With it, you can solve almost every problem of daily life in a few clicks, especially in China, where the application has more features. It is possible to order food, consult a doctor, book travel packages, flirt, buy all kinds of products, call a taxi, see friends’ posts, check fan pages and still pay from the coffee to the new car. All of this is done with WeChatPay. The digital payments in China today move around 4 trillion dollars a year. The CoinBene Card will be integrated with the application.
The CoinBene Card is operated by Mastercard, which allows the customer to participate in the Mastercard scoring program. Earn 1 point each time you use your card, regardless of the value of your purchase. From 5 points, you can buy a product and take another to share with someone special. Buy one, take another. There are several partners, from restaurants to travel packages.
Paying bills, shopping on the internet and even making withdrawals in reais has become easier for the user of crypto-coins. Brazil is the fifth country with the largest number of people who have some crypto actives — 8.1% of Brazilians between 16 and 64 years old. Now they will have more functionality for their cryptos. For example, use them in your routine life.