Wondering how to issue crypto cards in your crypto wallet? Watch the video now!
Hi all, I'm Christoph, I'm CEO and founder of Verestro. I would like to show you today one of our Embedded Finance implementations of our Card Issuing product with Trustee. Trustee is our very good partner, fantastic application. I recommend that you try to download it and try using it. Trustee is a crypto wallet, it's a wallet where you can store your cryptocurrencies.
So, I'm the user, I already have some bitcoins, some USD here and this wallet was missing one important feature. It is how you can pay in the normal world. So we integrated together through APIs our Card Issuing capabilities and today it is fully working solution where your crypto cards and your crypto assets are connected with a payment card of Mastercard. Let me show it. The wallet has standard and good features of cryptocurrency. Wallet information about market and the about exchanges, and there is a button "Card" in the bottom of the screen. So, this is our card, this is actually my card.
What can I do? I can, by the way, pay through Apple Pay with this card, which is actually the most important feature. I can use it in e-commerce as a normal transaction. I can change coin to this card. So for example, if I want to pay with Bitcoin, I can just change the account simply to my Bitcoin account. I can see card numbers that I can use for e-commerce, I can lock the card if I don't want it to work simply. Let's see. And of course, I can unlock the card. Actually, those are normal features of a standard payment card that is maybe not credit that you have from any bank in the world.
So, we simply added this functionality together with Trustee to this wallet so that thousands of users could use it. The acquisition and the users that started using it, using that grew super quickly after a few months. It's thousands of them and they are using those cards for payments.
If you would like to see more, if you would like to test it, just have a look, just download the app, test it yourself, enable it for you. Make sure that you understand how it works and please contact us in case you would like to use it in your wallet. The integration is actually pretty easy. It's about connections to APIs or SDKs of a few actually functionalities like create card, update card, you know, use external balance, check transaction history and so on. So, it's not a big project, it's a project for two, three months and you can go live with your crypto card. So thank you for this.
I'm looking forward to working with you and thank you for listening.