As a powerful cryptocurrency wallet and debit card portal, Swipe is all set to dig its foot deep into the US market space by entering into a partnership with leading financial services provider, Evolve Bank & Trust to unleash new opportunities. The integration will allow Swipe to launch crypto-supporting US Dollar Checking Accounts for customers. These new accounts will be accessible through the Swipe Wallet Mobile app, making transactions in crypto secured and super convenient.
According to the post, the account holders will be allowed to deposit their direct deposit paychecks easily and seamless access of the assets via the Swipe app. These accounts will be studded with FDIC insurance coverage up to allowed limits by the institution and Swipe Debit Cards too. The USD Accounts will be available for access within the fourth quarter of 2020 by Swipe and Evolve Bank & Trust. The Swipe Debit Cards could be applied for using the official Mobile Application of the firm.
The US Dollar Checking Accounts will help customers indulge in secured trading of supported cryptocurrencies and access to ACH and wire payment systems. Swipe is keenly observing the market demands and is expanding its product range with high-end features and services for users. The team emphasizes in offering an application that is both secured and advanced in its working.
Partnering with Evolve Bank & Trust gives Swipe the ability to offer a simplified banking experience while utilizing the user-friendly Swipe Wallet application. Users will have access to the same checking account features that most brick-and-mortar banks provide but without any fees. We are excited to launch innovative products that make the entire banking experience seamless,
stated Joselito Lizarondo, CEO, Swipe.
Evolve Bank & Trust has been in the financial business since 1925 and has established itself as a strong market player. The suite of services offered by the entity includes payment processing, mortgage, banking, SBA Lending and Trust, and many more. It provides its global client community with ACH, debit/credit sponsorship, card issuance services, and revolutionary financial tools and services. With its headquarters in Memphis, TN, Evolve has its retail branches in Mid-South and mortgage providing offices across the nation. The firm has been enlisted in Inc. Magazine’s 5000 List as one of the fastest-growing ventures. For five consecutive years, the entity was voted as a ‘Top Workplace’ in one of the rankings.
Swipe allows users to transact digital assets in real-time without requiring to convert them manually at the first take. It is headquartered in the Philippines, and its business is expanded to the UK, USA, Singapore, and Canada. The users can buy or sell crypto assets using their linked bank accounts from (or to) anywhere around the globe. The portal caters to decentralized financing applications that work on blockchain channels.