Get All Access for $5/mo

MaziMatic and Saitacard Partner for Crypto Debit Cards The collaboration will focus on eliminating top-up fees. By integrating MaziMatic's native token, $Mazi (BNB), on Saitacard, users will not be charged the standard 3.5 per cent fee and will be offered a bonus of five per cent on every top-up.

By Paromita Gupta

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Freepik

On Tuesday, MaziMatic, a multi-entertainment metaverse, announced it was partnering with Saitacard, a virtual crypto debit card powered by ePayMe.

"By eliminating fees on card top-ups, we aim to drive a change in the market, breaking barriers while creating financial freedom. In addition, our partnership with Saitacard aims to bring unparalleled value to users," said Karan Bhandari, CEO, MaziMatic.

The collaboration will focus on eliminating top-up fees. Traditionally, crypto debit cards charge a top-up fee ranging anywhere between 1 per cent and 10 per cent of the total amount. By integrating MaziMatic's native token, $Mazi (BNB), on Saitacard, users will not be charged the standard 3.5 per cent fee and will be offered a bonus of five per cent on every top-up.

"We are thrilled to partner with MaziMatic, the pioneer in the multi-entertainment metaverse, to redefine the future of crypto debit cards. With Saitacard's tap-to-pay feature, users can enjoy unparalleled spending power and financial freedom. Our collaboration eliminates top-up fees and offers a 5% bonus on every top-up, creating new opportunities for mainstream adoption of cryptocurrencies. With support for over 14 cryptocurrencies and seamless integration with popular payment platforms, Saitacard is revolutionizing the way people think about crypto assets and their everyday usage," said Manpreet Singh Kohli "Mkay", CFO, Saitacard.

Saitacard allows users to carry transactions of up to USD 50,000 daily and offers flexible financial solutions for global transactions barring North Korea and Iran.

Paromita Gupta

Features Writer with Entrepreneur India

Covering news and trends in AI and Metaverse segments. An avid book reader running her personal blog on the side. You may reach me at paromita@entrepreneurindia.com. 
News and Trends

Battery Smart Raises USD 65 Mn in Series B to Boost EV Battery Swapping Network

Orios Venture Partners achieves a 29x return with a strategic partial exit from Delhi-based EV startup, enhancing early-stage investment success.

Science & Technology

Why We Shouldn't Fear AI in Education (and How to Use It Effectively)

Facing resistance to new technologies in the educational process is nothing new, and AI is no exception. Yet, this powerful tool is set to overcome these challenges and revolutionize education, preparing students and professionals for a future of unparalleled efficiency and personalized learning.

Business News

A Former Corporate Lawyer Now Makes Six Figures on YouTube — Here's How She Does It

Here are the secrets to starting and growing a successful YouTube channel, according to a YouTuber with millions of subscribers.

Business Culture

You'll Always Have Anxious Employees if You Don't Follow These 4 Leadership Tactics

Creating a thriving workplace environment hinges on the commitment of company leaders to nurture and inspire their teams.

Business News

Y Combinator Helped Launch Reddit, Airbnb and Dropbox. Here's What I Learned From Its Free Startup School.

The famed startup accelerator offers a free course on building a business — and answers five pressing questions for founders.