The company FSL, behind the STEPN app, has launched the GMT Pay payment system in partnership with MasterCard. This will allow users to use GMT and GGT tokens for purchases around the world.
Details about GMT Pay
On April 28, FSL announced the launch of the GMT Pay network, which will allow users to spend their GMT and GGT tokens almost anywhere MasterCard is accepted. The new payment system includes virtual gift cards available in denominations of $50, $100, $200, and $300.
Benefits of Using STEPN Tokens
With GMT Pay, users can make purchases both online and offline, adding the card to Apple Pay or Google Pay. This allows for the expenditure of STEPN tokens without the need to convert to fiat currencies.
Goals and Plans of FSL Company
The goal behind the launch of GMT Pay is to enable users to spend their tokens in day-to-day life. As FSL co-founder Yawn Rong stated, "This is the evolution of Web3, bridging the gap between digital and physical worlds." FSL CEO Shiti Manghani added that GMT Pay greatly simplifies the use of digital earnings for purchasing goods and services.
The launch of GMT Pay demonstrates the active movement of crypto projects towards integration with traditional finance, providing new opportunities for STEPN token users.
