FiziCards Newsroom

FiziCards today announced it has been granted an Electronic Money Institution (EMI) license by the Central Bank of Ireland, enabling the company to operate as a fully regulated financial services provider across all 27 European Union member states. This regulatory milestone positions FiziCards as one of the few crypto debit card providers with comprehensive EU licensing, demonstrating the company's commitment to compliance and consumer protection. Key regulatory achievements: • EMI license from Central Bank of Ireland • PSD2 compliance for payment services • GDPR-compliant data protection framework • AML/KYC procedures exceeding regulatory requirements • Partnership with Visa and Mastercard as principal member "Regulatory compliance is not just a checkbox for us—it's fundamental to building trust," said the Chief Compliance Officer. "This license allows us to serve European customers with the highest standards of security and transparency." The license enables FiziCards to offer: • SEPA instant payments • Multi-currency accounts in EUR, GBP, and USD • Enhanced consumer protection under EU regulations • Deposit insurance up to €100,000 per account FiziCards is also pursuing similar regulatory approvals in the UK, Singapore, and the United Arab Emirates.

FiziCards and Visa today unveiled the FiziCards Premium Metal Card, a luxury crypto debit card designed for high-net-worth individuals and frequent travelers. The card combines the flexibility of cryptocurrency with premium travel and lifestyle benefits. Premium Card Features: • 3% cashback in Bitcoin or Ethereum on all purchases • Unlimited airport lounge access via Priority Pass • Zero foreign transaction fees in 150+ countries • Concierge service available 24/7 • Up to $1 million travel insurance coverage • Exclusive access to crypto investment opportunities "The Premium Metal Card represents the future of luxury banking," said the Chief Product Officer. "Our customers want premium benefits without sacrificing the flexibility and innovation of crypto." The card is crafted from aerospace-grade titanium and features a sleek, minimalist design with holographic accents. It's available to users who maintain a minimum balance of $10,000 in crypto assets or process $50,000+ in annual transactions. Early access is now available to existing FiziCards users, with general availability starting Q1 2025. The annual fee is $495, waived for the first year for early adopters.

FiziCards today launched its groundbreaking Instant Conversion feature, allowing users to spend their cryptocurrency at any merchant worldwide with zero conversion fees and real-time exchange rates. The new technology eliminates the traditional pain points of crypto spending: • Zero conversion fees (industry standard: 2-5%) • Real-time exchange rates with no markup • Instant settlement at point of sale • Support for 15+ cryptocurrencies • Automatic tax reporting for all transactions "We're removing the friction from crypto spending," said the CTO. "Users can now spend their Bitcoin at Starbucks as easily as using a traditional debit card—but with better rates and more control." Technical Innovation: The Instant Conversion feature leverages advanced blockchain technology and liquidity aggregation to provide the best possible exchange rates. The system processes transactions in under 2 seconds, ensuring a seamless checkout experience. The feature is available immediately to all FiziCards users at no additional cost. Since launch, the platform has processed over 1 million instant conversion transactions, with an average savings of $12 per transaction compared to competitors.

FiziCards has been recognized as the "Best Crypto Debit Card of 2024" by both Forbes and TechCrunch, cementing its position as the industry leader in crypto banking solutions. Awards and Recognition: • Forbes: "Best Crypto Debit Card 2024" • TechCrunch: "Most Innovative Fintech Product" • Benzinga: "Best Crypto Card for Everyday Use" • CoinDesk: "Top 10 Crypto Companies to Watch" • Product Hunt: "Fintech Product of the Year" Forbes praised FiziCards for its "seamless user experience, robust security features, and competitive fee structure," while TechCrunch highlighted the platform's "innovative approach to bridging traditional finance and cryptocurrency." "These awards reflect our team's dedication to building the best possible product for our users," said the CEO. "We're honored to be recognized by the industry's most respected publications." The recognition comes as FiziCards continues to innovate with new features including: • AI-powered spending insights and budgeting tools • Integration with major DeFi protocols • Enhanced security with biometric authentication • Expanded merchant acceptance network FiziCards remains committed to its mission of making cryptocurrency accessible, secure, and practical for everyday use.