UK’s Ziglu Rolls Out A New Feature Known As Crypto On Card
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The UK’s digital baking and crypto platform called Ziglu recently launched a new feature called Crypto On Card. The new solution will allow the platform’s users to use their cryptocurrencies in everyday purchases and make real-world transactions with their Ziglu debit cards.
Thanks to the new Crypto On Card feature, users will be able to choose and prioritize specific currencies they wish to spend, as well as the order in which they wish to spend them. When the time comes to make a payment, users will pay with crypto, and Ziglu will automatically convert them to GBP at the moment of purchase.
The feature is also equipped to handle situations such as when the balance in the main account is not large enough to cover the entire transaction. It will simply work its way down the list of active spending accounts, and automatically pull the funds from them. However, even then, it will follow the specific hierarchy that the user has set in place, so they can be sure that the coins and tokens they wish to keep will not be spent.
Advantages of Using Ziglu’s Crypto On Card
Ziglu also comes with other perks and advantages, such as offering zero hidden fees, and transparent rates. On top of that, it can also be connected to Google Pay and Apple Pay for user convenience, allowing them to pay in whatever way they prefer.
Commenting on the new feature, Ziglu’s CEO, Mark Hpperson, stated that this launch represents a major step toward bringing digital assets into real-life spending. He added that the Ziglu team is proud to offer a simple, but secure way for people t use their digital assets in the real world, for everyday payments.
Thanks to Ziglu’s solution, its users can start using crypto in a practical way, not only as a form of investment.
The company also recently raised 5 million pounds in last month’s funding round. Apart from that, it also signed a 10 million pound term sheet to fund and launch its own stablecoin, which is expected to go live in the next few months, in Q2 2025.
