Cashaa, a multi-sig crypto wallet, and banking ecosystem, today announced that it has now launched credit and debit card functionality to allow users to securely buy bitcoin, ethereum, and CAS, etc. The service is enabled on personal and business accounts all over the world excluding the USA.
Enabling this feature will allow users to buy cryptocurrencies without paying high fees within their multi-sig wallet. There will be no hidden or markup fees on prices. Cashaa’s card processing fee for European cards will be 4% while for non-EU cards, the fee will be 5%. Cashaa will also charge a service fee of 1.49%, which can be reduced to 0.75% for personal users and 0.40% for business users if paid in CAS tokens. Users can also enjoy limits up to 10,000 Euros for card payments.
The Cashaa team also informed it is working on an API and plugin solution, for exchanges and other wallets to provide them with the feature to sell crypto via debit or credit card.
For personal users, Cashaa currently has fiat wallets denominated in GBP and EURO, which users can fund in more than 200 currencies (ex. PHP, INR, SGD, SEK, EURO, GBP) around the world. Through the application, users can decide which wallet they want to fund, currencies other than EURO and GBP will be converted into EUR or GBP based on the selection during the deposit process.