Visa, 100Pay partner on new crypto-powered card

100Pay has partnered with Visa, the payment giant, to introduce a new crypto-backed debit card, PayCard, aimed at simplifying global payments.

The crypto payments industry operator announced in a press statement on Tuesday that the 100Pay card allows users to spend cryptocurrencies directly, both online and offline, without needing to convert them into traditional fiat currency.

The partnership leverages Visa’s global payment network to enable seamless crypto transactions.

According to 100Pay, PayCard addresses common barriers to using cryptocurrencies for everyday purchases, making it easier for users to access and spend their digital assets in real-world settings.

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“The PayCard is available in three tiers—Standard, Elite, and Titanium Black—each offering different monthly spending limits. The Standard Card has a limit of $100,000, the Elite Card provides a $500,000 limit, and the Titanium Black Card allows for up to $1 million in spending. Only 20,000 cards will be available in the initial launch, with pre-orders open and deliveries scheduled to begin on December 30, on a first-come, first-served basis,” the company stated.

The PayCard supports over 22 cryptocurrencies, including Bitcoin, Ethereum, Solana, and USDT, giving users the flexibility to spend a variety of digital assets. It also integrates with digital wallets like Apple Pay and Google Pay, allowing for contactless payments and ATM withdrawals worldwide.

Brainy Josh, Chief Executive Officer of 100Pay, emphasized the ease and convenience of the PayCard. “It’s a global Visa debit card that works on any Visa-supported device or ATM. You’re not holding Naira or any traditional currency—you’re holding cryptocurrencies like Bitcoin, Ethereum, and Solana. The advantage is that you can spend these assets directly without having to convert them first,” Josh said.