Canada’s GoldMoney has now launched the GoldMoney Prepaid program after a beta test. The Prepaid program aims to empower hundreds of thousands of platform clients with a payment method accepted by over 35 million merchants worldwide, giving access and payment utility to fully-reserved and gold-based savings.
The GoldMoney Prepaid card is free to request and available to qualified users on the platform with a 1 gram or more settled gold balance and a valid ID and utility bill. The prepaid card program will also be available to GoldMoney platform customers in the near future.
The Company says it clients can easily access their wealth in three convenient currencies at one low gold-conversion rate, thus no longer exposed to high foreign exchange fees when traveling throughout the USA, Europe or the United Kingdom. The prepaid program is also great for shopping online in different currencies, or sending gold value across the world where it can easily be converted and spent as foreign currency – useful for students, foreign workers, or for remittance value transfers.”
GoldMoney has over 450,000 clients from over 200 countries and $1.6 billion in client assets under administration. GoldMoney is regulated by the Jersey Financial Services Commission (JFSC) as a Money Services Business.
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