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Fintech company ZELF has launched an anonymous Visa debit card with cryptocurrency recharge

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US financial technology company ZELF has introduced an anonymous Visa debit card to be accepted at any of the 80 million Visa locations worldwide.

Will the latest ZELF initiative Allow Users open a US dollar checking account with just their name, email, and phone number, which relieves them of having to provide documentation such as a social security number and proof of address. According to the fintech company, potential customers can open a checking account and get an anonymous virtual debit card, which works with Apple and Google Pay, within 30 seconds.

Visa debit card holders will have the option to fund their accounts with traditional electronic payments, money and wire transfers, as well as crypto payments. Currently, users can deposit into their checking accounts and debit cards in USD currency (USDC) , Rope (USDT) and ether (ETH). The company said it plans to add 20 more popular icons to its catalog by the end of the year.

ZELF’s collaboration with Visa aims to prioritize users’ privacy and security when it comes to transacting cryptocurrencies.

Reducing verification requirements will attract more customers and help the unbanked global population gain access to financial services, said Eliot Goechman, founder and CEO of ZELF.

Related: Visa ends debit card program with FTX

Despite being in a bear market, there has been a growth in the adoption of crypto payment methods, ranging from crypto cards to crypto gift cards, and Encrypted food delivery portals.

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Visa appears to be playing an important role when it comes to crypto adoption and increasing crypto use cases. in October, Visa filed trademark applications It indicates that the company plans to expand its presence within the crypto ecosystem. Its trademark applications reveal the company’s intent to manage digital, virtual, and cryptocurrency transactions, as well as tokens and virtual goods.

On Oct. 27, Cointelegraph reported this Visa has partnered with Blockchain.com to offer cryptocurrency debit cards No subscription fees, no annual fees, and no transaction fees, while allowing users to earn 1% on all purchases back in cryptocurrency.