Written by Metal Team

On December 12, 2018

📣 Metal Pay iOS Update – Bank account linking with micro deposits

A new version of Metal Pay is here!
Download Metal Pay version 1.4.0 for iOS today at m.tl/pay

First, a reminder about our signup bonus.
Now through Dec. 14th, download and sign up for Metal Pay from m.tl/200 to receive a 200 MTL (~$50USD) bonus, on us. More info on this in our 200 App Store reviews blog.

Ok, with that out of the way…

Here’s what’s new:

🤘 Bank account linking with micro deposits. Until now, users could only link a bank account to Metal Pay by via Plaid. Plaid supports thousands of banks in the U.S — but not all of them. In the spirit of making Metal Pay even more accessible, we’ve given users a new way to link their bank: ACH verification. This method allows users to manually link their bank account by verifying the amounts of two micro deposits that we make to their bank.

For help linking your bank using this method, visit our ACH verification support page.

 

ACH Verification


>

🤘 Referral program improvements. Rewards earned from referrals are now visible on the ‘Payment History’ page. Also, we’ve added pop-ups for both new and existing users that provide information about our referral program.

 

Pop-up: Referral ‘Story’ added to Discover page

Pop-up: Eligibility for referral reward

Pop-up: Successful referral

🤘 Fixed an issue with in-app push notifications.

🤘 Performance and security updates.

👀 Coming soon…

You’re going to want to sit down for this, because it’s a big one. We anticipate that our next biweekly update will feature:

🤘 Multi-coin support. Yes, you read that right. The next version of Metal Pay will feature the ability to buy and sell cryprocurrencies other than Metal. Directly with USD, to and from your FDIC-insured Cash balance inside of Metal Pay.

micdrop

The cryptocurrencies that you will be able to buy and sell are: …a secret for now. 🙂

Other Metal Pay posts:

Bitcoin Basics – Your Questions, Answered in Simple Language

Bitcoin Basics – Your Questions, Answered in Simple Language

There’s a lot of excitement around Bitcoin, and there’s just as many questions. Whether you’re hearing about Bitcoin for the first time, wanting to brush up on the basics, or trying to introduce a friend to cryptocurrency, we hope this guide is a helpful resource for...

Bitcoin Cash Hard Fork – What it means for you

Bitcoin Cash Hard Fork – What it means for you

The Bitcoin Cash (BCH) blockchain has completed an upgrade that has resulted in what is known as a “hard fork,” which creates two separate cryptocurrencies. For individuals who own BCH, this has implications that you should be aware of. In this article, we’ll give you...

Hedera Hashgraph (HBAR) – Consensus Without the Blockchain

Hedera Hashgraph (HBAR) – Consensus Without the Blockchain

While much is written about blockchain ecosystems and how they can be used to achieve consensus across a variety of sources, alternatives to blockchain technology aren’t as widely known. One project seeking to redefine how consensus is achieved is Hedera; using their...

Metal Pay 2.6 is now available

Metal Pay 2.6 is now available

Our team has been hard at work finding ways to make Metal Pay better, faster, and safer than ever before - which is why we’ve released version 2.6.0 for iOS! With this update, Metal Pay continues its trajectory of redefining how integrated cryptocurrency and personal...

Metal Pay Goes to Canada

Metal Pay Goes to Canada

We are thrilled to announce that Metal Pay has gained a Money Services Business (MSB) license for Canada! This means that Canadian citizens will soon have access to peer-to-peer payments and other Metal Pay services that US users have come to know and love, including...

Metal Heads-up – October 2020

Metal Heads-up – October 2020

Can you feel it? Just as the weather is starting to cool off, the cryptocurrency industry is heating up with a whirlwind of updates and news stories. Big players are fully embracing cryptocurrency, skeptics are finally joining the winning team, and the IRS is making...