Written by Logan

On January 27, 2022

Increase for Metal Pay transaction limits

We have increased the transaction limits for Metal Pay users, removing even more barriers between our users and financial freedom! Now fully on-boarded Metal Pay users can enjoy up to USD $2 million of buying and selling crypto annually, and unlimited crypto deposits and transfers – unheard of numbers for this industry.

Using Metal Pay means that users can deposit fiat from any source via a debit card, direct ACH deposit, or a direct wire transfer. This fiat is kept in our users’ individual accounts at an FDIC-insured partner bank. When the user is ready to trade their fiat for crypto, it is readily available.

Paychecks, Expense reimbursements, credit card cash points, marketplace rewards- these new increased limits on Metal Pay now allow our users to access crypto from all of their fiat sources.

How to unlock the new limits

If you have the Cash card already unlocked, these new limits are now available to you! If you haven’t unlocked the Cash card yet, it takes just a few steps. Follow the instructions outlined here, and we’ll take it from there! Be sure to turn on your notifications so you can be the first to know when your account has been updated!

Why Metal Pay is the ultimate crypto experience

We created Metal Pay to be the ultimate blend between cryptocurrency and traditional finance. We built every feature with the user in mind, and have pushed the envelope on what it means to be a crypto payments app. That’s why Metal Pay users have:

  • Cash wallets with FDIC insurance through our partner bank
  • Unique account / routing numbers, allowing for direct deposits and checks
  • Free cash and crypto transfers to other Metal Pay users – creating the cheapest payments platform in the world
  • Direct access to over 60 different cryptocurrencies in our Marketplace

Metal Pay was made to be your all-in-one financial services app. Metal Pay users can have their employer send their paychecks directly into their FDIC-insured Cash wallet using their account / routing numbers. From there, you can pay bills online, create a checkbook to write checks in-person, send cash payments to friends, buy crypto, and so much more. When you’re a Metal Pay user, you’re able to have one foot in the world of TradFi and one foot in the world of crypto seamlessly.

If you’re part of the growing global cryptocurrency community, you probably are someone who wants to have more options, more capabilities, and more freedom. Increasing your transaction limits may seem like a simple improvement to Metal Pay, but we see it as an important step in our journey to unlocking financial freedom for our users. As TradFi and DeFi continue to intertwine in the coming years, we’re glad that we can play a pivotal role by setting an example for our industry of how a cryptocurrency company should treat its users: like family.

_______

Have you downloaded the Metal Pay app yet? If not, there’s no better time than today – download the iPhone Metal Pay app, or the Android Metal Pay app, in just a few clicks. Be sure to follow Metal Pay on Twitter to get the latest updates and announcements, you won’t want to miss what’s coming next.

🤘 Your friends at Metal 🤘

Other Metal Pay posts:

Introducing Metal Blockchain

Introducing Metal Blockchain

    A New Generation of Blockchains   Introducing Metal Blockchain ($METAL): A trust-less, scalable layer zero (L0) blockchain that solves the problem of centralized bridge hacks, cross chain compatibility, energy efficient scaling and interoperability....

The new Metal Pay Credit Card – Crypto Cash Back

The new Metal Pay Credit Card – Crypto Cash Back

Hey there, Metal Family! We’re launching a Metal Pay Credit Card that gives you crypto cash back for everyday purchases, and we want you to be among the first to get it! Join our waitlist now to get to the front of the line for the new Metal Pay Credit Card - coming...

Metal Pay partners with EvoShare for crypto cash-back!

Metal Pay partners with EvoShare for crypto cash-back!

Metal Pay users can now enjoy cash-back in crypto when you shop online at thousands of retail outlets thanks to our strategic partnership with EvoShare! EvoShare is a crypto cash-back platform that rewards you for what you already do. By creating an EvoShare account,...