Three Protocol Launches Groundbreaking No-KYC Crypto Debit Cards and Vouchers through 3Pay

Three
Protocol
is
proud
to
announce
the
introduction
of
3Pay,
a
forward-thinking
financial
solution
that
offers
no-KYC
virtual
debit
cards
and
crypto
vouchers.
This
marks
an
important
milestone
for
the
global
financial
space
introducing
a
private,
secure,
and
decentralised
alternative
to
conventional
payment
systems
while
improving
financial
inclusion
globally.

Three
Protocol
introduces
a
game-changing
approach
to
digital
payments
using
3Pay,
where
there
is
no
need
for
cumbersome
and
privacy-intrusive
Know
Your
Customer
(KYC)
procedures.
This
ensures
that
users
will
be
able
to
realise
benefits
stemming
from
cryptocurrency-based
transactions
without
compromising
their
privacy
or
facing
certain
restrictions
imposed
by
traditional
financial
institutions.
Seamless
crypto-to-fiat
conversion
for
individuals
is
now
live
with
3Pay’s
no-KYC
cards
and
vouchers,
opening
up
new
horizons
for
global
crypto
adoption.

3Pay:
A
Game
Changer
in
Crypto
Finance

In
a
nutshell,
3Pay
is
a
decentralised
payment
system
providing
on/off-ramping,
payment
options,
and
no-KYC
debit
cards.
With
such
a
card,
cryptocurrency
can
be
spent
just
like
any
other
fiat
money.
This
has
wide-ranging
implications,
helping
bridge
the
gap
between
the
online
and
offline
financial
worlds.
But
what
really
differentiates
3Pay
from
a
sea
of
payment
systems
is
its
pinpoint
focus
on
privacy,
decentralisation,
and
worldwide
access.

Conventional
finance
systems
often
limit
users
by
imposing
stringent
identity
verification
processes
that
leave
many
unbanked
or
underbanked.
By
contrast,
3Pay
is
inclusive,
especially
for
the
1.7
billion
individuals
in
the
world
who
remain
unbanked
because
of
a
lack
of
access
to
either
financial
services
or
documentation.
No-KYC
debit
cards
and
vouchers
can
enable
almost
anyone
to
have
access
to
the
global
economy
without
having
the
headaches
caused
with
conventional
banking.

“With
3Pay,
we
usher
in
a
new
era
of
financial
inclusivity,” said
Grant
Robertson,
Founder
and
CEO
of
Three
Protocol. “By
removing
any
need
for
KYC,
and
offering
a
seamless
way
to
spend
crypto,
we
empower
users
who
have
traditionally
been
left
outside
by
the
centralised
financial
system.”

Key
Features
of
3Pay

• 
  No-KYC
  Virtual
  Debit
  Cards:
  Virtual
  debit
  cards
  are
  available
  and
  can
  be
  used
  by
  users
  on
  the
  go
  without
  cumbersome
  KYC
  procedures.
  These
  virtual
  cards
  allow
  users
  to
  spend
  their
  crypto
  anywhere
  that
  accepts
  traditional
  debit
  cards
  but
  with
  full
  privacy.

• 
  No-KYC
  Crypto
  Vouchers:
  In
  addition
  to
  no-KYC
  debit
  cards,
  Three
  Protocol
  issues
  no-KYC
  crypto
  vouchers
  so
  that
  a
  user
  can
  securely
  and
  frictionlessly
  purchase
  goods
  or
  services
  using
  his
  or
  her
  cryptocurrency.

• 
  On/Off-Ramping:
  3Pay
  allows
  seamless
  ramping
  between
  fiat
  and
  cryptocurrency.
  It
  offers
  a
  seamless
  conversion
  process
  that
  will
  help
  meet
  the
  surging
  demand
  for
  crypto
  payments
  in
  day-to-day
  transactions.

• 
  Global
  Usability:
  Payment
  of
  bills,
  online
  purchases,
  cross-border
  remittances,
  or
  otherwise-3Pay
  assures
  speed,
  security,
  and
  privacy
  without
  intermediaries
  for
  end-users.

Financial
Inclusion
and
Privacy

In
today’s
interconnected
world,
privacy
concerns
around
financial
data
are
increasing
as
centralised
institutions
store
massive
amounts
of
personal
information.
The
no-KYC
approach
Three
Protocol
uses
ensures
that
users
retain
control
over
their
personal
data
and
are
never
required
to
show
sensitive
information
to
participate
in
the
digital
economy.
This
approach
is
designed
to
protect
user
privacy
and
provide
inclusion
in
a
global
financial
ecosystem
sans
gatekeepers.

For
many,
the
primary
barrier
to
participating
in
the
financial
system
has
been
the
KYC
process,
which
involves
government-issued
identification
or
residency
in
a
country
that
has
a
strong
financial
infrastructure
in
place.
3Pay
breaks
down
those
barriers,
opening
up
access
to
the
benefits
of
cryptocurrency
to
anyone,
anywhere,
in
a
secure
manner.

Brendan
Young,
CSO
at
Three
Protocol
says, “We’re
building
the
infrastructure
of
the
future.
With
3Pay,
the
barriers
between
digital
and
physical
payments
crumble,
and
financial
inclusion
becomes
reality.”

The
Role
of
$THREE

$THREE is
the
native
token
of
the
Three
Protocol
ecosystem,
and
is
core
in
functionality
to
3Pay.
Token
stakers
are
incentivised
by
rewards,
participation
in
governance
decisions,
and
even
receive
fee
reductions
upon
transacting
on
Three
Protocol
marketplaces.
A
portion
of
the
income
from
the
transactional
fees
of
3Pay
will
be
used
for
buybacks
and
token
burns,
introducing
a
deflationary
mechanism
that
adds
value
to
the
long-term
holders
of
$THREE.

$THREE
is
integrated
into
the
3Pay
ecosystem
to
ensure
a
sustainable
and
rewarding
environment
for
all
participants.
In
this
case,
as
3Pay
adoption
increases,
the
utility
of
$THREE
will
also
increase,
leading
to
synergy
between
users,
merchants,
and
investors.

A
Vision
for
the
Future

As
the
world
increasingly
moves
towards
digital
payments,
Three
Protocol
positions
itself
at
the
leading
edge
of
the
transformation.
Moreover,
3Pay
enables
users
to
enjoy
the
benefits
of
cryptocurrency
without
the
typical
restrictions
imposed
by
centralised
financial
systems.
No-KYC
debit
cards
and
vouchers
are
already
live
but
are
just
the
beginning
of
the
innovations
Three
Protocol
is
bringing
to
the
market.

Into
the
future,
Three
Protocol
remains
steadfast
in
its
vision
for
further
financial
inclusion,
privacy,
and
ease
of
access
to
the
global
digital
economy.
With
further
developments
on
3Pay
 including
physical
no-KYC
debit
cards
and
the
integration
of
new
payment
features,
the
project
is
poised
to
redefine
how
people
interact
with
their
finances.

About
Three
Protocol

Fraud-resistant
cryptocurrency-based
eCommerce
tools
designed
to
make
crypto
the
worldwide
form
of
payment.

ZKi3s
enable
on-chain
reputations
without
KYC,
Tri-Proof
Smart
Contracts
combat
fraudulent
activity,
and
3Pay
offers
decentralised,
private
payment
systems.
Three
Protocol’s
vision
is
centered
around
creating
scalable,
private,
and
secure
online
commerce.
Our
decentralised
marketplaces,
including
Jobs3,
are
transforming
the
future
of
eCommerce.

Website: http://threeprotocol.ai/

X: https://x.com/ThreeProtocol

Disclaimer:
The
information
provided
in
this
press
release
is
not
a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading
cryptocurrency
and
securities.