700 percent increase in gold purchases through Glint Pay

Wednesday 25 March 2020 14:16 CET | News

A London-based fintech, Glint Pay, has announced a 700% increase in its clients purchasing gold during the COVID-19 turmoil.

Glint aims to make gold an alternative currency by enabling its clients to buy, sell, save, and spend physical gold through Glint’s prepaid debit Mastercard and multi-currency app.

Glint has also stated that it will launch P2P payments in a bid to enable clients to send gold and currencies to other Glint clients. It has recently released a fee-free gold purchase scheme for clients in their home currency through Glint Mastercard. It allows for saving, spending and exchange between USD, EUR, GBP and gold wallets.

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Keywords: fintech, Glint Pay, Gold, COVID-19, GBP, EUR, USD, P2P, payments , MasterCard
Categories: Banking & Fintech
Countries: United Kingdom
This article is part of category

Banking & Fintech