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A crypto virtual card is simple to use, and the process is similar to using any other digital payment card. Here’s how they work: Account SetupFirst, users must sign up with a provider that offers crypto virtual cards (such as Crypto.com, BitPay, or Wirex). After creating an account, users can connect their crypto wallet or exchange account to the card, linking their chosen cryptocurrencies (Bitcoin, Ethereum, Litecoin,...

How Does Crypto to Fiat Conversion Work? Converting crypto to fiat is a relatively straightforward process, but it involves several key steps: Choosing a PlatformThe first step is to select a platform where you can exchange your crypto for fiat. This could be a centralized exchange (like Binance, Coinbase, or Kraken) or a peer-to-peer (P2P) platform. Many digital wallets also allow users to convert crypt...

A virtual wallet — also known as a digital wallet or e-wallet—is an electronic version of a physical wallet. It allows users to store and manage their payment information, such as credit and debit cards, bank account details, or even cryptocurrencies, in one secure location. Unlike a traditional wallet, which you carry around in your pocket or purse, a virtual wallet exists on your smartphone, tablet, or computer. It enables u...

A vIBANs (Virtual International Bank Account Number) is a virtual version of a traditional IBAN (International Bank Account Number). Unlike a standard IBAN, which is tied to a specific physical bank account, a vIBAN is not connected to a physical bank branch but instead exists purely in the digital realm. vIBANs are typically used by fintech companies and digital banking platforms to offer their customers the ability to send and receive internation...

What is Card Issuance? Card issuance refers to the process of creating, personalizing, and distributing payment cards to users. These cards can be physical or virtual and are typically linked to a bank account, credit line, or prepaid balance. Issuers—banks, fintechs, or specialized card issuance platforms—facilitate this process. They handle everything from card design and compliance to activation and ongoing management.

What is a Fiat On-Ramp? A fiat on ramp is a platform or service that allows users to exchange traditional currencies for cryptocurrencies. These solutions are designed to simplify the buying process, making it accessible even for those without technical expertise. Fiat on-ramps come in various forms, such as: Centralized Exchanges: Platforms like Coinbase and Kraken. P...