ZELF Financial Firm Launches Visa Debit Card With Crypto Functionality


 Surely the customers can't wait to feel the innovation from the American fintech company ZELF which has introduced an anonymous Visa debit card in 80 million locations around the world.

Among the benefits that customers will get through the ZELF initiative is being able to open a checking account in United States (US) dollars by only needing a name, email and phone number.

The following facilities can speed up the customer process from having to provide documentation such as security numbers and residential addresses.

While customers are also provided with an anonymous virtual debit card that works on Apple Pay and Google Pay within 30 seconds of opening their checking account, the fintech company commented.

Explained further, Visa debit card holders will be given the option to fund their account through traditional electronic payments, money and wire transfer* or crypto payments.

*Allows money to be transferred quickly and securely without having to exchange cash.

Although users are only allowed to make deposits in USD Coin (USDC), Tether (USDT) and Ethereum (ETH) for now, ZELF plans to add more than 20 more tokens by the end of 2022.

It would also like to be informed that the purpose of ZELF entering into an agreement with Visa is to create privacy and security for users who deal with crypto.

Speaking from the founder and Chief Executive Officer (CEO) of ZELF, Elliot Goykhman emphasized that the relaxation of verification requirements can not only attract new customers to join its services, but also give access to financial services to the unbanked global population.