Algo is doing RWA and is back in the Payfi race. This time they have launched their own payment card.
No application fee, no annual fee, no registration fee. When recharging the card, there will be Gas on the Algo chain, about 0.001 ALGO per transaction, which is almost negligible.
Mastercard may charge a 1% foreign exchange conversion fee. When spending at merchants that support Mastercard, users do not need to pay additional payment fees.
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