Join Our Mailing List
Friday March 31, 2023
Bitcoin (BTC) $27,885.47   Ethereum (ETH) $1,774.26
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Featured

Blockchain payment app Metal Pay finally launches

Published by CryptoNinjas.net
09/17/2018
Blockchain payment app Metal Pay finally launches

Metallicus Inc., a blockchain-based payment processing platform, today announced the launch of its flagship product Metal Pay. Metal Pay allows people to instantly send money to friends, family, and businesses with just a phone number and rewards them with some cryptocurrency for each transaction. These rewards, called “Pop,” are delivered in Metal’s cryptocurrency MTL and can be immediately converted into dollars, sent to another Metal Pay user or held as an investment.

Metal will later link Metal Pay with micro investing app Crumbs, a recent acquisition of the company. Crumbs will allow users to turn their spare change into micro investments, like the popular app Acorns, but with cryptocurrency.

“The millennial generation was largely powered and built the internet, and yet only a handful of people — some worth tens of billions of dollars alone — benefited, while the majority are facing the scariest financial future of any generation in modern U.S. history. Our generation coming into adulthood right now has the biggest opportunity of the past 100 years and they don’t even know it yet. Together, we can create a world where money works for us, where we don’t work for money — that’s the vision.”

Marshall Hayner, Metal co-founder and CEO

How it works:

  • Sign up is incredibly simple: just link a bank account to the app, quickly verify identity and phone number, and then begin sending money to people. Payments typically decline or accept in under one minute.
  • Begin earning MTL for every dollar sent or received, for up to five percent of the value of the transactions — just for doing the things people do every day, like shopping, paying rent or getting dinner with friends.
  • There is a game-like element to Metal Pay, where the amount earned is determined by how well someone plays the game. The rules are based on rewarding good financial behavior: the more someone saves, for example, the more they can earn; the more fiscally responsible they are, the more they can earn.
  • Metal Pay is the first cryptocurrency platform that combines traditional bank accounts and a cryptocurrency wallet into one application. The account will eventually have retail banking features such as a debit card and the ability to link credit cards.

 

22
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Metal Pay teams with Railsbank to launch its crypto payment app in Europe

09/22/2021
Metal Pay teams with Railsbank to launch its crypto payment app in Europe

Today, the team of Metal, a blockchain-based crypto payment service, announced a new partnership with Railsbank to bring its Metal Pay app to the European Union. Railsbank is a London-based banking company that offers...

Read more

Crypto wallet app Metal Pay launches version 2.0 with 0% fees

11/11/2019
Metal Pay CryptoNinjas

Metal, the mobile cryptocurrency payment app, has announced its newest update with version 2.0 now released. The Metal team is offering 0% fees on native MTL purchases for all users to mark the milestone....

Read more

VeChain (VET) now available on crypto payment app Metal

07/01/2019
Metal Vechain

Metal Pay, cryptocurrency app that rewards users each time they send or receive money, has announced that as of now, the VET token of blockchain platform VeChain is available to buy and sell in...

Read more

Metal Pay goes over 20,000 downloads, 2019 pipeline features in the works

01/21/2019
Metal Pay goes over 20,000 downloads, 2019 pipeline features in the works

Metal Pay, a cryptocurrency app that rewards users each time they send or receive money of up to 5% of the transaction value in native crypto-asset MTL has announced that the app has now...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
Crypto trading platform Caspian raises $16 million in token pre-sale

Crypto trading platform Caspian raises $16 million in token pre-sale

09/17/2018
Global Brain invests in Omise, creator of crypto ecosystem OmiseGO

Global Brain invests in Omise, creator of crypto ecosystem OmiseGO

10/22/2018
Polygon set to release full zero-knowledge (ZK) scaling solution compatible with Ethereum

Polygon set to release zero-knowledge (ZK) scaling solution compatible with Ethereum

07/20/2022
Nomura’s Laser Digital invests in Infinity, an Ethereum-based money market protocol

Nomura’s Laser Digital invests in Infinity, an Ethereum-based money market protocol

02/15/2023
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy