Spend crypto easily and securely with MetaMask’s new direct payment option—simple, safe, and self-custodial.
CompoSecure, a leader in metal payment cards, security, and authentication solutions, in collaboration with Baanx and MetaMask, announced the launch of the MetaMask metal payment card. The new cutting-edge payment solution bridges the gap between self-custody crypto and real-world spending. This metal card enables users to securely pay directly from their self-custody MetaMask wallets, eliminating the need for traditional banking intermediaries. MetaMask previewed the new card at ETHDenver last month, and is set to launch worldwide in the second quarter of 2025.
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“The future of non-custodial neobanking is here,” said Simon Jones, Chief Commercial Officer at Baanx. “Our partnership with MetaMask and Mastercard will make spending crypto as easy as tap-to-pay. No conversions, no delays, no middlemen, just seamless, instant transactions. From inspiration to security technology, the team at CompoSecure made our dreams a reality, creating this beautifully designed metal payment card.”
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Backed by Mastercard’s global payment network, the MetaMask Card transforms crypto into a seamless payment tool. The MetaMask card seamlessly bridges the gap between Web2 and Web3 ecosystems like a traditional debit card, enabling users to purchase directly from their MetaMask wallet while retaining custody of their funds until the moment of the transaction. Whether grabbing coffee, booking a flight, or paying rent, crypto holders can now spend their digital assets instantly without conversions, delays, or hidden fees. The new metal payment card solves “the last mile” problem with a simple, secure, and direct way to spend directly from one of the world’s leading self-custody wallet providers.
“For too long, crypto users have been locked out of everyday finance,” said Ale Machado, Product Manager at MetaMask. “The MetaMask Card changes that. It allows millions of users worldwide to finally bridge the gap between the blockchain and the real world without sacrificing control or security.”
Unlike traditional crypto debit cards, the MetaMask Card doesn’t require users to pre-load funds or convert crypto into fiat before spending. Instead, a smart contract seamlessly verifies and authorizes transactions on the blockchain in under five seconds, ensuring instant payment processing. This non- custodial neo-banking model ensures users retain full control of their digital assets, avoiding the risks associated with centralized exchanges or third-party financial institutions. The card operates on the Linea network, secured by Ethereum, enabling fast and cost-effective transactions on a truly global scale.
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“The MetaMask metal payment card isn’t just another crypto card, it’s a paradigm shift,” said Jon Wilk, CEO of CompoSecure. “As the financial landscape evolves, non-custodial neobanking is set to redefine global commerce. With billions of dollars in stablecoins already transacting across public blockchains, the MetaMask card represents the missing link that turns crypto from an investment into a true, everyday currency like cash, anywhere, anytime.”
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Source – PR Newswire
