XCARD WALLET ALL-IN-ONE DIGITAL WALLET & CRYPTO CREDIT CARD

5 min readSep 2, 2019

XCARD is the most convenient all-in-one digital wallet & crypto credit card. This allows you to do whatever finance and cryptocurrency transactions in real-time, without limits. XCARD makes your experience with crypto as easy as FIAT money

XCARD is part of the Mobilum ecosystem consisting of wallets, cards, exchanges & API foundations. All of these the combination of features makes the platform an instant payment and integrated sales system

crypto and fiat currencies with the most convenient payment methods for cards, wire transfers and wallets to wallets

transaction. With XCARD you can pay or receive payments, buyers and sellers decide which currency they use independently.

XCARD provides the best execution rates, direct transaction execution and the lowest costs on the market Collaboration with VISA and implementation of new services such as SEPA (Target/TIPS) and SWIFT schemes is possible

users benefit from fast and cost-effective transfers globally. The XCARD platform is fully compatible with KYC and AMC licensed by the financial supervision institutions of Lithuania and Estonia

XCARD also issues its own payment card to make your payments ultimately comfortable and instant. For use the services you need to download the XCARD Mobile application. Cards are available to new users instantly in the form

The XCARD application connects cryptocurrency with your XCARD crypto credit card. This application is available for iOS and Android phones

XCARD’s extensive history and technical knowledge of the payment services industry makes it possible to use it in a modern way provides a fast and smooth user experience. Internatilizer matching engine

XCARD will support all payment cards with technical bank account numbers. Individual providers will be added to

the platform in a row, however, since the beginning of the operation, XCARD wants to provide fast transactions with guarantees of less than one day for: Visa, Debit Visa, Visa Electron, MasterCard, Maestro.

XCARD is also supports JCB, UnionPay, Diners, Club, Amex Payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payment processing usually for electronic businesses, online or traditional retailers

Payment gateway facilitates payment transactions by transferring information between payment portals, such as website, cell phone, or interactive voice response service, and front end processor or receiving bank

XCARD is connected to the main gateway to provide instant transactions to its users. For Visa cards

Connection to exchanges

Exchange is another important part of the cryptocurrency ecosystem, matching digital buyers and sellers

assets. Increasing the amount of crypto currency exchange increases competition between them, and the struggle to defend it and attract customers

XCARD instant loans supported by crypto are specifically designed to provide partner digital asset exchanges

additional leverage and liquidity to support their margin lending activities, enabling them to reach higher capital efficiency. Access to comprehensive price discovery is very important to accurately assess the cryptocurrency market

XCARD will be used access to stream real-time and historical data for the most actively traded digital currencies

XCARD will offer multiasset and multi-venue data from several cryptocurrency trading places, markets and global exchanges

XCARD is the only provider of complex instant payment solutions that has: This can happen to any currency conversion with a strong focus on the customer experience ź Multi-asset wallet equipped with multi-currency payment cards

XCARD is the only Wallet & Biometric Crypto Credit Card on the market.

XCARD introduces a utility token, an MBM token that drives the entire Platform which is the most liquid token on

XCARD wallet. After regulation allows the issuance of legal equity or security tokens, special benefits for investors and MBM token holders will be offered

XCARD has signed 9 strategic partnerships which include: Bank Santander, Visa (Main Membership)

Gatelab (Part of the London Stock Exchange Group) several trading exchanges and others who will use it business model solutions provided by XCARD

The XCARD team has a proven track record of more than 20 years in payment systems, payment cards, and exchanges

BUSINESS STRATEGY

the team hopes to have an equivalent operating margin no less than 0.35% of turnover at the exchange assets, and not less than 10% every month in fiat loans more than one day.

XCARD’s business strategy will depend on partnership with reputed payment providers, as well

a reputable crypto and fiat exchange. Relationship with fiat exchange this will not only contribute

expand the XCARD user base but this exchange can also license XCARD solutions and hence

is directly another source of income At present, the team is in the process of establishing

partnerships with top-level payment processors, one of them Major API providers in the industry, cryptoexchanges, and brokers. Others are in the initial stages negotiation

TOKEN FUNCTIONALITIES MAIN FUNCTIONALITIES

XCARD aims to provide the best service at the lowest possible cost in the market. To achieve that, XCARD implements

MBM — this is the original ERC-20 utility token that supplies the entire platform. Every operation is carried out on the XCARD platform by

users (whether using a wallet application, crypto credit card or calling an API call) have a value. The XCARD platform requires each

users involved in the operation have 0.5% of the transaction value in the MBM token. When certain operations called, a preliminary examination by a smart contract is carried out, to confirm that the membership requirements are met. If not, XCARD rejects the request.

· All currency conversions;

· Loans and pay-later transactions;

· Third-party payment card charging;

· API calls

· Auctions on collections;

· Recurring payments and transactions

There are situations when certain operations carry additional costs when performed. In such cases, the MBM Token

be a way to bear the cost by the user. This operation can include conversions between assets and low assets high liquidity or volatility due to market conditions,

If additional fees apply, the user is given a breakdown of the costs before making services, ensuring

highest level of transparency. This information is displayed to users during transaction preparation. Maybe including transaction fees, MBM token conversion rates, and token fees needed to complete

transaction.

If the user does not have enough MBM tokens when starting a transaction, the number of MBM tokens needed may be

converted from the selected user’s default wallet. They are automatically reserved for you as part of the transaction.

The cost and access requirements are determined based on public market data.

The Foundation API is open source and can be accessed by third parties (brokers, exchanges, developers). Access to it 0.01% fee of transactions paid in MBM for every single CALL APi