CompoSecure, Baanx & MetaMask Unveil Tap-to-Pay Crypto Card

According to the announcement, this crypto card is set to launch globally in Q2-2025. The card allows users to make instant crypto payments. Payments can be made directly from their MetaMask self-custody wallets.

That means no converting to fiat, no preloading, and no need to go through a centralized exchange. The crypto card makes these processes seamless and direct.

Smart Contracts Enable Instant Crypto Payments with Low Fees

The card uses smart contracts to authorize payments in under five seconds. To use it, users must hold their crypto onchain on the Linea network, an Ethereum Layer 2 solution that offers low fees and fast settlement times. For everyday users and investors alike, this could mark a major leap toward frictionless, real-world crypto use.

Crypto payments have long faced roadblocks: slow transaction times, high fees, and reliance on exchanges to convert tokens into fiat. When users tap to pay, a smart contract instantly pulls funds from their wallet, verifies the payment, and completes the transaction—all without intermediaries.

Meeting Demand for Seamless Crypto Payments in the Real World

This aligns with a broader trend: more crypto holders want to use digital assets like regular money. According to a 2023 report from Visa, over 25% of consumers in developed markets said they’d prefer to pay with crypto if it were easier to use. That’s exactly the problem MetaMask and partners are trying to solve.

“We’re bringing non-custodial neobanking into the real world,” said Simon Jones, Baanx’s Chief Commercial Officer. “No conversions, no delays, no middlemen—just seamless, instant transactions.”

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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