Gnosis Pay

**The real challenge in crypto card programs isn't the technology—it's capital efficiency.** Before any user makes a purchase, card issuers must lock up significant amounts of cash that sits idle for days. This capital requirement represents one of two major operational costs in crypto card programs. **The two actual costs:** - Idle capital reserves required by card networks - Know Your Customer (KYC) compliance overhead Successful crypto card programs focus on: - Making idle capital productive through yield strategies - Outsourcing compliance to specialized providers These operational realities—not blockchain integration—define the economics of crypto payment cards. The work is unglamorous but essential to viable card programs.

Brazilian neobank Picnic has launched a savings feature that combines on-chain yield generation with decentralized insurance coverage while maintaining full user custody. **Key Features:** - Users earn yield on dollar holdings while retaining complete self-custody - Insurance coverage provided on-chain through [Nexus Mutual](https://nexusmutual.io) via [OpenCover](https://opencover.com) - Built on [Gnosis Chain](https://www.gnosis.io) - All functionality integrated into a single application The product represents a practical implementation of decentralized finance principles within a traditional banking interface, allowing Brazilian users to access crypto-native financial services without sacrificing control of their assets.

**BRLA stablecoin transfer volumes are experiencing significant growth in Brazil**, according to data highlighted by a16z. **The integration combines two key elements:** - BRLA onboarding for crypto users - Gnosis Pay card spending at any Visa-accepting merchant This creates a straightforward bridge between cryptocurrency holdings and everyday purchases. Brazilian users can now spend their crypto holdings at millions of retail locations worldwide that accept Visa. **Context:** Brazil has emerged as a strong market for crypto payments, with USDC previously representing 8% of all Gnosis Pay transactions and the platform serving over 8,000 users in the country. The growth suggests increasing adoption of stablecoin-based payment solutions in Latin America's largest economy.

Rebind has officially integrated with Gnosis Pay, enabling users to spend onchain assets in real-world transactions. **Key Features:** - Rebind users can now access the Gnosis Pay card for IRL spending - Gnosis Pay community gains new DeFi yield management options - Integration bridges onchain assets with everyday purchases The partnership combines Rebind's platform with Gnosis Pay's card infrastructure, creating a pathway for cryptocurrency holders to use their digital assets for physical purchases.

Gnosis Pay has streamlined the process for launching stablecoin card programs through their API. **Key features:** - Simple API integration into existing UI - 12-month pilot partnership program - Generic cards can go live in as little as 2 weeks - Options for branded or white-label card issuance The platform enables businesses to quickly deploy payment card programs without extensive development time. Teams can connect with Gnosis Pay to discuss implementation details. [Contact the Gnosis Pay team](https://form.typeform.com/to/naN3irHW)

Gnosis is inviting partners to launch stablecoin card programs in Latin America through their platform. **Key Details:** - Partnership opportunity for LATAM-focused stablecoin card programs - Built on Gnosis infrastructure - Interest form available at [typeform.com/to/naN3irHW](https://form.typeform.com/to/naN3irHW) **Context:** Gnosis Pay previously launched APIs that enable quick deployment of stablecoin card programs, offering both white-label and co-branded options. Interested parties can connect with the Gnosis team through their partnership form.

**Gnosis Pay now allows users to spend their Aave gains directly** through integrated APIs, without needing to withdraw funds first. **Current partners include:** - Brazil: PicnicBR - Europe: Zeal Wallet The service lets users **spend directly from their wallet** using Gnosis Pay's infrastructure. Developers can integrate this feature by launching with Gnosis Pay's APIs. This builds on previous integrations like PicnicBR in Brazil, where users can already **use Aave funds with physical cards** for real-world purchases. *Ready to let your users spend their DeFi gains? Launch with Gnosis Pay today.*

**Gnosis Pay cardholders** successfully converted their cryptocurrency into real-world purchases during Black Friday shopping. The payment solution enabled users to: - Make everyday transactions with crypto - Take advantage of special shopping events - Bridge the gap between digital assets and traditional commerce Gnosis Pay is now **inviting other wallets** to launch their own card solutions through their platform. Interested wallet providers can contact the Gnosis Pay team to begin the integration process and offer similar crypto-to-fiat payment capabilities to their users.

**Neobanks are experiencing growth**, and Gnosis Pay is positioning itself as a solution for quick card program launches. **Key developments:** - Gnosis Pay APIs allow launching stablecoin card programs in minutes - Options available for both branded and white-label card solutions - Company actively seeking partnerships with neobanks The platform appears to be targeting the growing neobank sector by offering streamlined card issuance technology. This could lower barriers for new financial services companies looking to offer payment cards. **For neobanks**, this represents a potential shortcut to market without building card infrastructure from scratch. [Connect with Gnosis Pay team](http://bit.ly/4qvRglB)

Gnosis Pay has completed its first cashback rewards distribution of 2025, continuing its successful rewards program from 2024. - Users receive up to 5% cashback on their purchases - Rewards are automatically distributed to users' Safe wallets - Program builds on previous successful distributions, including Black Friday 2024 The cashback system remains a key feature of Gnosis Pay's offering, providing tangible benefits for regular users. *Want to start earning? Sign up for Gnosis Pay to receive cashback on your next purchase.*