XCARD - part of the Mobilum ecosystem which consists of a wallet, the first virtual crypto exchange card

Mobilum is a payment processing service that connects fiat and cryptocurrency currencies in real time, reducing the total cost of each transaction and guaranteeing the most profitable execution. Mobilum creates smart contracts supported by MBM tokens that allow each credit card holder to use any blockchain assets to complete payments. MBM is assisted by the mobile wallet application; Mobilum application. Unlike the previous similar service providers, Mobilum will directly connect each cryptocurrency with any payment card, regardless of the issuing entity.

Today user experience is the main pillar of all customer-oriented applications. To provide the best experience and best practices for utilizing the Mobilum Platform, the XCARD project was created. XCARD uses the Mobilum Platform API to provide an advanced multi-currency wallet implementation and the first virtual crypto credit card available.

XCARD MISSION

XCARDS ‘mission is: To connect fiat money and cryptocurrenies in real time.

We allow instant payments in any cryptocurency to first reduce the cost of each total transaction and guarantee the most pleasant execution for all customers.

The Mobilum platform consists of three main domains to date:

XCARD – the safest cryptocurrency & fiat Wallet & biometric crypto credit card, designed to make traveling with crypto as easy as fiat money for advanced and first customers;
Mobilum Internalizer is a high frequency, low latency, multi-market and multi-asset matching machine that internalizes all customer orders in real time. It consists of a Virtual Order Book and Pricing Engine that provides the Best Execution mechanism for traded assets, utilizes Mobilum Liquidity Pools and calculates the cryptocurrency Volatility Index traded;
Mobilum Foundation – the Mobilum Platform building blocks are carried out within the microservices paradigm, utilizing open source APIs, providing all services and interactions for the platform, including blockchains connectivity, banking system connectivity, payment processing, order management, security and more.

There is one main rule in all Mobilum Platform domains – MBM tokens as membership tokens are required by asking users to interact with and between platform building blocks.

The MBM token amount is calculated (0.5% of the transaction value) by the Pricing Machine and exposed to all other building blocks via the API.

If the requesting user does not have the required amount and he has an XCARD multi-sig wallet created in the XCARD application, buys the amount of MBM Tokens lost on behalf of the user through Internalizer using the best execution rate – by other means or if the user does not have. enough funds or coins to buy the lost MBM Token, the transaction is canceled and canceled.

DEFINITION OF PROBLEMS
Because of its technical concept – consensus and redundancy mechanisms – cryptocurrency transfers may be fast, but not instant and real-time. Thus, when a coin needs to be transferred from one address to another, the exchange rate may have changed significantly, especially in times of high volatility. This will apply as long as the person pays most of their living expenses in FIAT currency. Commercial prices will be based on FIAT rates and then be explicitly converted to cryptocurrency for payment purposes in crypto. Then, the crypto is converted back to possible FIAT as the number of FIAT is significantly greater or smaller than intended. This is a risk that businesses and customers do not want to bear.

Mobilum Foundation interacts with other systems through the API. One of the building blocks of the Mobilum Foundation is a blockchain solution that stores all information about transactions made on the Mobilum Platform through the XCARD wallet application or the open source API. Access to the Mobilum Platform blockchain is possible via the open source API or Mobilum Explorer – web3 application. XCARD Wallet uses an open source API to show a complete list of transactions from users given in their wallets.

SOLUTION

EASY CREDIT CARD USING ONBOARDING

The XCARD biometric credit card by VISA allows the use of super safe crypto and FIAT assets that can be used instantly at POS, e-commerce and ATM cash withdrawals. This card is available to new users instantly in the form of a virtual card after registering with XCARD. This card is intended for the use of multiple global currencies. There are no requirements to refill cards in advance.

Token Sales begin: 17 Dec 2018 XCARD’s onboarding process is easier than opening a bank account. Buying crypto is as easy as paying for coffee. After logging in, users can trade instantly.

BEST EXECUTION LEVELS, CRYPTO & FIAT, BUY NOW, PAY THEN XCARD

collects data and liquidity from various sources (exchanges, brokers, and own collections). Side chain functionality allows all transactions to be most efficient. XCARD allows trading with more than 200 cryptos, FIAT to crypto and crypto to FIAT conversion directly and instantly. You can use any payment card to buy and spend crypto at any time. Pay or withdraw through any ATM throughout the world. Thanks to the Buy Now Pay XCARDsolution, our payment card is the best choice for crypto users.

XCARD
Spend Anywhere, Cryptocurrency Currency, With Any Payment Card. XCARD is the most convenient all-in-one digital wallet & crypto credit card. You can do financial and cryptocurrency transactions in real-time, without limits.

HOW DOES XCARD WORK

XCARD allows the issuance of crypto currencies on existing credit cards, debit cards or prepaid cards.
You must have an existing relationship with your bank or card provider that gives you a physical payment card.
You can then add this card using cryptocurrency or receive a loan on your card against cryptocurrency collateral. note:
The process described in this paragraph is indicative and will be adjusted at the project implementation stage, to reflect the best customer experience for end-user services.
All XCARD activities in the field of payment cards will follow the rules and regulations of their respective international card schemes, and will be carried out under the proper licenses owned by either business partners and XCARD service providers, or the company itself.

OPENING OF ACCOUNT AND IDENTIFICATION

XCARD will ensure that the necessary steps are needed to identify each customer using the platform.
XCARD supports personal and business accounts.
XCARD defends against involvement in prohibited activities, such as money laundering, by implementing anti-money laundering procedures and company policies to verify the identity of all registered users of the XCARD service.

The contribution of the Tokum Mobilum (MBM) contribution

Contribute 1,000 MBM Tokens today to shop for up to $ 2,000 per month with an XCARDcrypto credit card (the amount of this token will be needed as a condition for membership to be used);
Contribute 10,000 MBM Tokens today to receive 0.75% cashback when shopping using MBM Tokens for payments such as coffee, taxi or candy
Contribute 20,000 MBM tokens today to receive 0.75% cashback when shopping using MBM Tokens for e-commerce;
Contribute with a minimum of 0.5 BTC to qualify for accessing the beta program (only for 3,000 users);
Contribute with a minimum of 1 BTC to qualify for getting our exclusive XCARD metal crypto credit card free of charge (3,000 cards will be available only with exclusive special offers from our partners);
XCARD is part of the Mobilum ecosystem which consists of Wallet, cards, exchange and API foundation. These embedded features enable the platform to make it easy to make payments instantly anywhere. Using XCARD, you can do things like pay or accept payments and buyers and sellers can freely choose whichever currency they will use.

XCARD (MBM) is

A crypto Wallet and FIAT money and a credit card that is used to facilitate crypto users to spend their crypto and FIAT money assets instantly throughout the world. XCARD Wallet is combined with XCARD Biometric Credit Card, as the safest credit card for instant crypto withdrawals from any ATM.

For first time users who want to use XCARD with an existing payment card, you must first connect your payment card to the XCARD application via methods such as:

Transfer to the International Bank Account Number (IBAN) associated with the payment card.
Original Credit Transactions (OCT) for VISA Cards.
Remittance from the Master Card.

The features

XCARD is the only provider of complex instant payment solutions that has: converting any to any currency with a strong focus on customer experience
Multi-asset wallet equipped with multi-currency payment car
XCARD is the only Crypto Wallet & Biometric Credit Card solution on the market.