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Paycent new Bitcoin Debit Card

Category: General

Paycent is a Silicon Valley based financial technology company that provides a mobile-first bitcoin wallet experience that uses debit cards to easily manage and secure your online/offline bitcoin spending.

Paycent holds all currency in bitcoin--You don’t load fiat currency into the Paycent debit cards. When you use Paycent card for shopping, we receive and approve your debit card transaction and convert it into bitcoin at the time of the transaction. We encourage you to stay in bitcoin.

Paycent is a Visa debit card so just like any other Visa card you can use it anywhere (any country or website) Visa is accepted. With your physical card, you can also withdraw cash at ATMs all over the world.

Paycent also supports secure shopping with virtual cards. The physical card is an EMV (secure chip) card but using the card number online exposes you to the risk of theft. For this reason, Paycent provides in-app mechanisms for protecting online transactions. These include Merchant-Locked and App-Secured virtual cards.

Merchant-Locked Virtual Cards
The Paycent app allows you to create a virtual card that is locked to the merchant of its first transaction. For example, create a card for Fitness24. Paycent will only approve Fitness24 transactions for that card. When your subscription is over, terminate the card directly from the app.

App-Secured Virtual Card
For merchants where you occasionally shop, you can turn on your App-Secured virtual card directly from your phone for a single purchase up to a pre-designated limit. Once the transaction is completed the card will be automatically turned off.

Paycent is a new Bitcoin Debit Card. It's now taking early registrations.


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