Thanks to the Litecoin Visa virtual card that syncs with Apple, Google and Samsung Pay, millions of goods and services can now be paid for with Litecoin and other popular cryptocurrencies.
By September 2021, more than 10 million merchants around the world are ready to accept card payments with Litecoin Visa, according to the company's official Twitter account. The card provides instant deposit conversions with no transaction fees or exchange fees. Due to the built-in support for Apple Pay, Google Pay and Samsung Pay, not only Litecoin, but also Bitcoin, Ethereum and Ripple can be deposited. Another advantage of such a card is the possibility of fast transfers abroad without unnecessary checks and delays.
The developers promise that the Litecoin Card account will remain free, while the registration procedure will take only a few minutes: users will only have to deposit funds, pass a quick data check, get a virtual card and make purchases everywhere where basic credit cards are accepted. Monthly maintenance fee will not exceed $5.
The virtual card and app, which greatly simplified cryptocurrency payments, are currently only available in the U.S., but Litecoin Card developers have promised to make them available in at least 30 European countries soon.
*Litecoin (LTC) is a cryptocurrency similar to Bitcoin in many ways, and is used to exchange and pay for goods and services on many digital exchanges and wallets. Litecoin appeared in 2011 as an alternative to Bitcoin, providing easier and faster transactions.