NZ’s first crypto-backed Mastercard® Reload from 40+ digital assets & spend anywhere Mastercard is accepted
1) Quick summary
Pay It Now has launched a Web3 Mastercard that lets Kiwi users top up a prepaid Mastercard directly from the PIN Wallet using 40+ digital assets, then spend anywhere Mastercard is accepted. It’s integrated in the Pay It Now (PIN) app so customers reload, manage and review transactions from one place. (That full product phrase — NZ’s first crypto-backed Mastercard® Reload from 40+ digital assets & spend anywhere Mastercard is accepted. Integrated directly into the Pay It Now app. — is how Pay It Now describes the offering publicly.
Crypto transactions made easy with Mastercard
2) What this product actually is
Think of it as a prepaid Mastercard that’s funded by your crypto. Instead of converting coins ahead of time, you reload the card balance from your PIN Wallet in the Pay It Now app. When you make a purchase, the card program converts the exact amount of crypto to NZD at the point of sale and the merchant receives fiat — so from their perspective it’s a normal Mastercard transaction. The concept and network support are based on Mastercard’s crypto card programs which power many such integrations globally.
3) How it works — simple step-by-step
1. Download the PIN Network app and create/verify your account.
2. Buy or deposit crypto into your PIN Wallet (40+ supported assets — BTC, ETH, SOL, USDT, BNB and more).
3. Order or activate your Pay It Now Web3 Mastercard inside the app.
4. Tap Top up / Reload and pick which crypto to use — the app converts only the required amount when you spend (or you can pre-load NZD).
5. Spend anywhere Mastercard is accepted — physical POS, online checkouts, Apple Pay / Google Pay where supported. Mastercard handles acceptance and settlement to the merchant in fiat.
4) Real benefits for everyday users
● Convenience: No separate conversion steps — reload in-app from your crypto balance and use the card like any other Mastercard.
● Choice of assets: Support for 40+ digital assets gives flexibility — you aren’t forced to sell a single token.
● Wide acceptance: Because it’s a Mastercard product, you can use it at millions of locations worldwide that accept Mastercard. That’s the key benefit compared with merchant-specific crypto payments.
● Local support & on-ramps: Pay It Now is New Zealand–based, with an NZ head office and local support if you need it.
5) Fees, limits and practical notes
● Top-up / conversion fees: Pay It Now lists ramp and payment fees on its site and may apply network/gas fees for certain chains. Check Pay It Now’s fees page for the most recent schedule.
● Daily/annual limits: The Web3 Mastercard product has loading and spending limits (standard for prepaid card programs). See the app/FAQs for exact thresholds for verification tiers.
● Exchange rate & timing: Conversions happen at point-of-sale rates; timing and FX can cause minor differences compared to mid-market prices. This is normal for crypto cards. (Mastercard’s program documentation explains how program partners settle merchant payments in fiat.)
6) Security, compliance and support
● Account security: PIN Network uses standard wallet protections and KYC processes for account verification — keep your credentials and auth methods secure.
● Regulatory checks: Pay It Now operates in New Zealand and Australia and follows local regulatory requirements for exchanges and payment providers. For business or tax questions, consult a local advisor.
● Support: Pay It Now provides local support channels; their head office is in Christchurch (Unit 3/38b Birmingham Drive, Middleton) and contact info is on their site.
7) Who should (and shouldn’t) use it
Good fit:
● Crypto holders who want to spend without managing crypto-to-fiat conversions manually.
● Frequent travellers who prefer a prepaid Mastercard funded with crypto.
● Kiwis comfortable with basic crypto wallet management and KYC. Not a great fit:
● Traders who want to time exact exit prices — crypto cards are designed for spending convenience, not optimal trade timing. ● Users who can’t or won’t complete standard identity checks (KYC) required by card/fiat rails.
8) Quick start checklist
● Download PIN Network (App Store / Google Play).
● Verify identity and secure your account. ● Deposit a supported crypto (choose from 40+).
● Order/activate the Web3 Mastercard and set default top-up options.
● Test a small purchase to confirm everything works (and check fees and FX handling).
9) Helpful enhancements & pro tips
● If you travel, enable travel notifications in the app or card settings so your bank/card processor doesn’t block international purchases.
● Keep a small NZD float on the card if you plan high-frequency small buys — this avoids micro-conversion delays.
● Use stablecoins for predictable fiat value when you want stability during spending. Pay It Now supports stablecoin options among the 40+ assets.
10) Contact, legal & where to get the card
Business: Pay It Now (PIN) — Unit 3/38b Birmingham Drive, Middleton, Christchurch 8024, New Zealand.
Website: payitnow.io.
Phone: +64 3 925 8870
Sales Inquiries: [email protected]
General Inquiries: [email protected]
For downloads and product pages, visit the PIN Network app pages on Pay It Now.
FAQ
Q: Is this really “NZ’s first crypto-backed Mastercard® Reload from 40+ digital assets & spend anywhere Mastercard is accepted. Integrated directly into the Pay It Now app.”?
A: That is Pay It Now’s public description of their Web3 Mastercard offering. For the latest claim language and availability check their product page and official social channels.
Q: Which cryptocurrencies are supported?
A: Pay It Now lists 40+ supported assets — common ones include BTC, ETH, SOL, USDT, BNB. Full list is on the Web3 Mastercard / wallet pages in the app and site.
Q: Can I use the card abroad?
A: Yes — the card uses Mastercard acceptance, so you can spend at merchants that accept Mastercard. Be aware of FX fees and dynamic conversion where applicable.
Q: What are the fees?
A: Fees vary by action (buy, top-up, on-chain gas). Pay It Now publishes its fees; check the fees page and the card terms prior to loading.
Q: Is it safe to top up from my crypto wallet?
A: Pay It Now’s in-app top up is designed to be secure, but you should always use strong passwords, enable 2FA, and only send crypto to addresses shown in the official app.
Q: What if I lose the card or see fraud?
A: Report it in the app and follow Pay It Now’s support steps. They provide support channels and a help centre on the site.
Final note
If you want your crypto to be spendable without complicated off-ramp steps, the Pay It Now Web3 Mastercard offers a clean option: NZ’s first crypto-backed Mastercard® Reload from 40+ digital assets & spend anywhere Mastercard is accepted. Integrated directly into the Pay It Now app. Use it for day-to-day spends, keep tax records for any disposals, and test with a small amount first.
