Prime Credit Bank and paocard.com (People Allocate One Card International Group CO., LIMITED) declare that the companies are preparing for introduction of the PAOcard Visa program in the USA after the conducted issue in Hong Kong in January, 2019.
Using the PAOcard mobile App, holders will be able to operate their card and transactions; and also to freeze and defreeze their card at the click of a button. The card has no charges for withdraw funds in ATMs and no commission charges for transactions. Annual service will cost about $199, but will provide the client with a maximum package of services and privileges. At the moment service supports six cryptocurrencies: Bitcoin Cash, Bitcoin, Litecoin, Ethereum, Ripple and Dash.
Here is how it works: users load cryptocurrency into account by virtue of the mobile App, later they convert it into the card account (USD). As soon as it is done, the card is ready to be used everywhere Visa is honoured, including ATMs, retail outlets and restaurants.