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Tangem Launches 'Tangem Pay' in Japan

NQ Score 9/100
N1 Content Completeness 8

AI Summary (NQ-processed)

Achieve seamless crypto payments while maintaining complete self-custody. Tangem, a global provider of self-custody crypto wallets, announced the launch of its new service, 'Tangem Pay,' in the Japanese market. This service allows users to directly use their crypto for daily payments while maintaining full control (self-custody) of their assets.

AI Analysis

Frequently Asked Questions

Q: What is Tangem Pay?
A: It's a new feature integrated into the Tangem Wallet app that lets you use crypto (USDC) for daily payments via a virtual Visa card while maintaining self-custody.
Q: How is it different from other crypto cards?
A: The main difference is that it's 'self-custody,' meaning you control your assets, unlike 'custodial' cards where you entrust them to a third party. This greatly enhances security.
Q: Are there any fees?
A: There are no monthly fees, card issuance fees, or transaction fees from Tangem. Only network and foreign exchange fees apply when converting USDC to fiat currency.