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By PETER S. KINJAP
In the evolving landscape of cryptocurrency payments, the GPay Crypto Card is emerging as an innovative financial tool that bridges the gap between traditional banking and digital assets.
Designed for seamless transactions, this card offers a unique blend of crypto and fiat spending capabilities, allowing users to manage their funds effortlessly without cumbersome verification processes.
The new payment system and its card issuance is already in PNG. Below are some key features of the card and its use cases in PNG.
Key Features of the GPay Crypto Card
1. No KYC Requirement
One of the standout features of the GPay Crypto Card is that it does not require Know Your Customer (KYC) verification. Unlike most crypto-based financial products that demand identity verification, GPay ensures user privacy and accessibility for a broader audience.
2. Crypto and Fiat Compatibility
The card allows users to spend both cryptocurrencies and traditional fiat currencies, making it highly flexible for real-world transactions. Whether making payments at POS terminals, online stores or withdrawing cash at ATMs, GPay enables seamless conversion between digital assets and national currencies.
3. High Staking Rewards
Holders of the GPay Crypto Card can stake GPAY tokens and earn up to 10.25% annual rewards. This staking mechanism provides an additional passive income stream while encouraging the long-term holding of GPAY tokens.
4. Zero Withdrawal Fees
Unlike traditional banking systems that impose hefty withdrawal charges, GPay offers zero withdrawal fees for both crypto and fiat transactions, making it a cost-effective financial solution for users worldwide.
5. Instant Transactions & High Spending Limits
GPay enables instant fund transfers, eliminating the waiting time associated with traditional banking. Moreover, it offers high spending limits, giving users the flexibility to transact larger amounts securely.
How GPay Benefits Users
For Travelers: Spend crypto globally without worrying about high conversion fees.
For Crypto Enthusiasts: An easy way to use digital assets for daily purchases.
For Investors: Earn rewards through staking while maintaining spending flexibility.
For the Unbanked: A financial tool that eliminates the need for a traditional bank account.
The GPay Crypto Card represents the future of crypto-financial solutions, offering a secure, efficient and borderless payment system. With its no KYC requirement, zero withdrawal fees and lucrative staking rewards, it is an attractive choice for both casual users and crypto investors alike.
As cryptocurrency adoption increases, the GPay crypto card is set to revolutionize how we interact with money in a digital-first economy.
In PNG, there are already six (6) GPay crypto card holders and is growing. Three (3) of the crypto card users are in Mount Hagen and the other three (3) GPay crypto card users are in Port Moresby of the 6 in PNG. This crypto card brings 200% financial inclusion and provide answers to the unbanked which commercial banks like Westpac, Micro Bank, MiBank, ANZ, Mama Bank, BSP and Kina Bank cannot do that.
Financial inclusion aims to provide accessible and affordable financial services to individuals who lack traditional banking access. In Papua New Guinea, a large portion of the population remains unbanked due to factors like limited infrastructure, high banking costs and remote locations.
Cryptocurrency-based solutions, such as GPay Crypto and hybrid cards, offer an alternative by enabling digital transactions, remittances and savings without requiring a bank account. These tools help bridge the financial gap, empowering individuals and small businesses with secure, low-cost, and borderless transactions.
The GPay Crypto card Distributor / Agent in Port Moresby Mr. Joe Bunefa is planning to distribute next 100 cards or more, if you wish to get one for yourself, you can contact him via WhatsApp or Telegram on 71573839. It’s a same day service in Port Moresby and other province via DHL service. You can use GPay website link to apply for a virtual and plastic card online and it cost $100 USDT which is around K410. But clients have to buy it using USDT. You can alternatively, register on the following link
The internal default currency can be set on PGK and the crypto card is already working in PNG with PNG ATMs and EFPOS Machines.
A crypto card is a payment card that allows users to spend cryptocurrencies like Bitcoin, Ethereum, T4G Token (T4GT) or stablecoins just like traditional debit or credit cards. These cards are linked to a crypto wallet and automatically convert digital assets into fiat currency at the time of purchase.
Many crypto cards, such as the GPay Back Hybrid Card, offer benefits like no KYC requirements, zero withdrawal fees, staking rewards and instant transactions. They provide financial inclusion by enabling the unbanked to participate in digital payments without a traditional bank account.
Other crypto platforms will soon be introduced to PNG.
T4G Pay is a crypto payment solution designed for everyday transactions, allowing users to pay with T4G Token and fiat currencies. It features T4G Visa Card support, T4G POS devices and crypto-fiat exchange capabilities both online and offline.
T4G Token (T4GT) is envisioned as a sustainable stablecoin backed by Papua New Guinea’s carbon stock, including blue and terrestrial carbon reserves. It is issued at a rate of 1 T4G Token per 1 metric ton of CO₂ and operates on the Fedrok blockchain for Proof-of-Green (PoG) for low fees, green solutions and global transactions.
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