In this our region where most of us are chronically online and also work online, we usually face issues with international payments, be it online subscriptions, shopping on sites like Amazon/AliExpress, software tools, freelance platforms or even travel bookings due to:
- fx scarcity
-regulatory policies by central banks
so we resolve to fintechs/virtual cards but most of them come with their own reliability, cost and support problems:
- extremely low spending limits, usually between $20–$100 per day or $1,000 per quarter
- some of these fintechs convert at their own “app rates” when you spend internationally
- their cards are also not free, usually $3–$5 with monthly maintenance fees
- delays in withdrawals and cashouts
- you get charged for failed transactions too
that’s where PLASMA ONE comes in. It’s a neobank superapp by
@plasma, currently in beta phase. With it you get:
- easy onboarding and easy KYC
- a free virtual card that’s valid and usable for 4 years
- daily limit of $5,000
- cashbacks
- deposit USDT on plasma chain for free if it’s coming from a CEX
- accepted on a lot of sites normal fintechs don’t work on
-fast deposits and withdrawals
- you can send/receive money with either your username or wallet address
I think it’s a gud tek.