IRVINE, CA, April 17, 2024–Mynt, Inc (mynt.inc), the leading platform for buying, selling and storing gold and silver announced today its plans to unveil a gold- backed and silver-backed debit card.
“At Mynt, we’re always on the lookout for innovative solutions that bridge the gap between traditional finance and the stability of gold and silver investing. In our quest to offer unparalleled services to our users, we are excited to announce the upcoming launch of state-of-the-art, gold-backed and silver-backed Mastercard debit cards on the Mynt platform. This initiative is set to revolutionize the way people invest and spend and marks a significant milestone in our journey”, commented John Drummond, Mynt CEO..
Benefits of the Debit Card:
- Instant Activation and Ease of Use: new virtual Mastercard debit cards are designed for swift activation, ensuring that you can start using them right away. The integration with popular digital wallets like Apple Pay and Google Pay further enhances the convenience, making gold and silver transactions smoother than ever.
- Empowerment Through Choice: Recognizing the diverse needs of our community, we’re allowing each user the ability to order up to five debit cards. This flexibility ensures that managing multiple accounts and currencies is as simple and efficient as possible.
- Global Reach, Local Focus: While the Mynt app will serve users in over 170 countries, the initial rollout of the debit card program will cater to users from 31 European countries. This targeted approach allows us to focus on regions with a high demand for our services, including Germany, France, the United Kingdom, and Spain, among others.
- Unparalleled Financial Freedom: The cards, linked to users’ IBAN accounts, will have no restrictions on top-ups. Transaction limits:
- ATM Cash Withdrawal Daily Limit: EUR 1,000
- ATM Cash Withdrawal Monthly Limit: EUR 10,000
- POS Purchase + E-comm Purchase Daily Limit: EUR 20,000
- POS Purchase + E-comm Purchase Monthly Limit: EUR 40,000
These limits ensure that you can transact freely while maintaining peace of mind.
“Empowering people with Mastercard debit cards to enable gold and silver payments signifies another key step in the seamless integration of gold and silver assets into everyday transactions. Given that Mastercard is the world’s second-largest payment company, with over 1 billion cards currently circulating worldwide, this novel debit card initiative will play a huge role in merging traditional finance with the digital economy. The Mynt team is thrilled to be at the vanguard of this exciting phase, signaling a promising future for gold and silver payments,” Drummond added.
Join the Revolution
The upcoming launch of gold-backed and silver-backed Mastercard debit cards represents a significant leap forward in making digital finance accessible, convenient, and secure for everyone. Stay tuned for more updates and get ready to experience the future of finance with Mynt.inc.