b. ๐ฒ IbizaPay
IbizaPay, a cutting-edge mobile application conceptualized by Ibiza Token, has been brought to life through strategic partnerships with Bitnovo, Vibrant, and Bitsacard. The ultimate objective is to transform Ibiza into a pioneering blockchain island, creating a seamless ecosystem where users can effortlessly convert their fiat currencies to leading cryptocurrencies such as Bitcoin, Ethereum, and Ibiza Token ($IBZ), and vice versa.
This initiative sets the stage for an inclusive financial infrastructure that accommodates both tourists and locals alike, catalyzing a shift toward a digital economy on the island.
Bitnovo, Spain's first and foremost cryptocurrency platform, brings its expertise to IbizaPay, facilitating businesses on the island to accept cryptocurrency payments. These payments can then be effortlessly converted into euros and transferred directly into their respective accounts. Cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and $IBZ, among others, can be accepted. Furthermore, with the integration of the island's first cryptocurrency ATMs, tourists can readily access cryptocurrencies, amplifying the accessibility of digital assets.
On the other hand, our partnership with Bitsacard paves the way for the IbizaPay Debit Card, a prepaid VISA card that is 100% crypto-friendly. Users can recharge the card with up to 15 different cryptocurrencies, then spend in euros for online or physical purchases, ATM cash withdrawals, transfers, and other Visa-related transactions. In a compelling twist, the IbizaPay Debit Card also allows users to earn cashback in $IBZ, making it a lucrative proposition for every participant in the island's economy.
Our collaboration with Bitnovo also extends to the provision of IbizaPay Coupons. With over 40,000 points of sale across Europe, including popular retailers like Fnac, users can purchase cryptocurrencies conveniently, further simplifying their entry into the crypto world.
Vibrant, another key collaborator in our project, ensures smooth, contactless transactions in businesses integrated into the IbizaPay ecosystem. Notably, Vibrant also enables the handling of fiat payments in euros, reaffirming our commitment to providing a seamless, comprehensive payment solution.
With IbizaPay, we're determined to make cryptocurrencies accessible and straightforward for everyone on Ibiza island. By offering a user-friendly platform for converting fiat to crypto, integrating local businesses into the digital economy, and promoting the adoption of blockchain technology, we're shaping a sustainable and inclusive economic model for the island's future.
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