Anyone who has an Ether and/or Bitcoin account can now channel funds into Cardonio and make payments and purchases anywhere in the world, without any fees or mark-up. Other existing fiat currencies may also be used as funds in their accounts through bank transfer or by suing a debit/credit card. Cardonio serves as an extension to one’s existing facilities, plus the advantage of using it practically at cost and using cryptocurrency, if and when one desires.
The transaction goes through a smooth process whereby funds from a person’s ETH/BTC holdings are automatically channeled to his/her Cardonio account. A customer will have reflected ETH/BTC balances in their own personal wallet, available online at any time through Cardonio’s website portal or by using a smart phone app. Each time a card holder swipes his/her Cardonio Card, the corresponding amount of ETH/BTC equivalent to the amount of the fiat currency used in the transaction will converted accordingly.
Your remaining ETH/BTC balance will also be be exchanged for the corresponding cash value, allowing you to view in your own currency how much you have left in your wallet. No need to do any side computations. Moreover, no monthly or annual fees are collected for the use of the Cardonio Card, nor on any access to prevailing inter-bank conversion rates. Unlike most, if not all banks, Cardonio does not also charge fees for ATM transactions worldwide.
These are just some of the benefits of using Cardonio Credit Card. There is more and more to come!
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