All about LINKs USD Virtual Card

LINK
3 min readFeb 1, 2023

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We just launched our Crypto Virtual Card powered by Stellar’s USDC for online purchases across 100+ online merchant stores with up to $10k in monthly limits. Just Before we go into more detail, what is Stellar, and what is USDC?

Stellar is a layer-1 open-source decentralized protocol that provides a framework for developers to create products, issue assets, and connect to the existing financial infrastructures to foster trade amongst digital representations of various forms of money

USDC is a digital stablecoin pegged to the United States dollar. It is pegged 1:1 and redeemable 1 to 1 with the US Dollar. So for every USD coin — you see online, there is a Physical representation of the same value.

Why USDC? you may ask. Recent studies have proven that USDC is one of the most trusted and reputable digital dollars, fully backed with high-quality reserves.

How does it Work?

Virtual cards work exactly as the usual plastic cards, the only difference is that it exists in digital form — on apps/wallet online in this case; LINK.

What a LINK Virtual Card looks like

After Signing up at: https://www.linkio.africa, you would have to submit the required documents to get verified (which just takes you a few minutes😁), and create your Virtual card; here’s how! And once your Card is created, you can now fund your Virtual Card with either USD Coin (USDC), Other crypto assets (BTC, ETH & USDT), or Nigerian Naira.

Funding Options

Once your card is loaded, you’re ready to hit the spending spree — whether online or in-store (Coming soon!)

It’s a prepaid card and can be used to purchase goods and services on all websites and applications that accept Master or Visa dollar cards. Each Virtual card costs $0 to create, with no maintenance fee, and you can load it up with a minimum of $15.

What are the features included?

  • Easy and secure access to using your crypto as a utility.
  • Acceptance at many E-commerce such as Kibris Order, Amazon, Alibaba, PlayStation, e.t.c.
  • Low transaction fees
  • Monthly card limits of up to $10,000
  • Track of Your Expenses (single-entry bookkeeping)

Join us!

If you’re new to LINK, you can stay up-to-date by following us on Twitter and also join our community on Discord & Telegram.

Thanks for the support!

#fintech #startup #USDC #Stellar #LINK #KibrisOrder

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LINK

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