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Gnosis Chain releases decentralized payment network Gnosis Pay and self-hosted debit card Gnosis Card.
2023-07-17 10:38:57
Odaily News: Gnosis Chain has unveiled the decentralized payment network, Gnosis Pay, and the self-custodial debit card, Gnosis Card, during the EthCC (Ethereum Community Conference) event in Paris. Gnosis Pay, built on Gnosis Chain, enables Web3 developers to integrate various traditional payment methods, including Visa. Users can directly use their encrypted assets from their wallets to make purchases anywhere that accepts Visa. Gnosis Card is a Visa-certified self-custodial consumer debit card that requires KYC authentication. It is built on the Gnosis Pay decentralized payment network and directly linked to on-chain wallets, supporting both offline and online card transactions through smart contracts. Additionally, Gnosis Pay allows users to bind their ENS (Ethereum Name Service) to the card, enabling its use with any wallet. Each community or wallet can issue their own branded Visa card.