Elrond Gains Access to +500.000 New Users, Spendable Directly from VISA Cards at 60 Million Merchants via Swipe

We are thrilled to announce that Elrond has partnered with Swipe and will be integrated within the Swipe platform. This will make the $ERD token directly available for onboarding by more than 500.000 new users.

📲 Get started with Elrond on Swipe right now: sw.pe/Elrond

Furthermore, $ERD will be spendable via Swipe Wallet and its associated Visa debit cards, in either digital or physical form, at 60 million merchants directly, as well as through services such as Google Pay, Apple Pay & Samsung Pay.

“Bringing our high throughput, low latency, and inexpensive transactional layer online is an important step for our launch. Convenience, ease of use, and utility for the ERD currency is another. We are thrilled to work with the Swipe team, on an integration which brings us closer to what will be a defining moment for the new internet economy.” said Beniamin Mincu, Elrond CEO.

Recently acquired by Binance, Swipe is a multi-asset digital wallet and Visa card platform that allows users to buy, sell, convert, and spend cryptocurrencies. It offers direct access to more than 30 cryptocurrencies, buy, swap & sell options for credit or debit cards, and bank transfers.

Swipe Wallets have associated virtual Visa debit cards, which can also be obtained in physical form, to be used as any normal card. The payment process automatically converts the selected cryptocurrency into fiat to execute a seamless transaction at any of the 50 million merchants, or via Google, Apple and Samsung payment services.

“Elrond’s notable progress makes it seem like they have just recently appeared. We know ourselves that such success does not come overnight and is the result of hard work. We are excited to include them in our portfolio and be a part of their journey.” said Joselito Lizarondo, Swipe CEO

The integration is important for Elrond because it gets access to 500.000 new users in 31 European countries, and soon launching in Asia and North America. It also offers existing Elrond users the possibility to spend $ERD directly as $EUR, $GBP, $USD and $KRW anywhere VISA cards are accepted, as well as through the major mobile payment services, with cashback options in Bitcoin.

📲 Get started with Elrond on Swipe right now: sw.pe/Elrond

About Elrond

Elrond is a new blockchain architecture, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 10,000 transactions per second (TPS), with 5-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.

About Swipe

Swipe is a multi-asset digital wallet and Visa debit card platform designed to let users buy, sell and spend their cryptocurrencies. Swipe is headquartered in the Philippines with operations in the United Kingdom, United States, Singapore, and Canada. The Swipe platform enables users to spend cryptocurrencies in real-time without having to manually convert the transactions prior. Users can also buy/sell cryptocurrencies with their linked bank accounts globally. For more information, visit: https://swipe.io