Gnosis Pay provides white-label infrastructure for issuing stablecoin-backed payment cards with integrated fiat rails and multi-currency accounts. The platform utilizes self-custodial smart accounts for user fund control and offers APIs for instant card deployment and transaction processing. This complete Web3 finance infrastructure supports global spending across major merchant networks via seamless on-chain to off-chain access.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional debit cards lack direct integration with cryptocurrency wallets, forcing users to move funds to centralized exchanges or third-party services before spending crypto. This process introduces intermediaries, transaction fees, and potential security risks, hindering the seamless adoption of digital assets in everyday transactions.
Solution
Gnosis Pay provides a decentralized payment network that enables users to spend cryptocurrency directly from a self-custodial Safe smart account using a Visa debit card. The platform offers a permissionless API for developers to integrate the self-custodial Visa card, enabling no-fee stablecoin on-ramping, instant spending, and DeFi access. Users benefit from spending crypto anywhere Visa is accepted, with features like zero foreign exchange fees and up to 5% cashback paid in GNO tokens. Gnosis Pay also supports SEPA bank transfers by linking an IBAN to the Safe wallet.
Target Audience
The primary target audience includes Web3 developers, fintech companies, and users seeking a seamless way to spend cryptocurrency in traditional finance settings, as well as projects with large communities looking for quick monetization through affiliate programs.
Features
- Self-custodial Visa debit card linked to a Safe smart account
- 0% foreign exchange spread
- Up to 5% cashback paid in GNO tokens on card purchases
- Direct spending from blockchain address with no transaction or gas fees
- Customizable card with ENS name
- Integration with Apple Pay for faster and more secure transactions
- Permissionless API for integrating with wallets, DeFi, and dApps
- KYC and PCI compliance
- IBAN integration for SEPA bank transfers