Kozjin Visa card gives users full flexibility to spend their cryptocurrencies and fiat money online or at physical retail stores - perfect for travelling. Kozjin is working to issue these prepaid cards attached to wallet balances, which are converted to fiat money within the wallet before being spent at a merchant.
When using a Kozjin Visa card, or the Kozjin Wallet to pay for purchases, fiat money is used and the exchanges are happening in the background, involving buy/sell orders, loans, escrow, and more. Kozjin is streamlining the process of selling crypto on an exchange, cashing out, and using fiat money to make a purchase into one simple GUI interface. Kozjin Visa card passes transaction fees over to the merchants like a regular credit or bank-linked prepaid card, and ATM fees are mostly waived.