FSL’s GMT Pay allows users to convert digital earnings into real-world purchases, making Web3 more accessible and practical globally.
FSL, the company behind the STEPN app, has introduced GMT Pay, a new payment solution that allows users to earn through STEPN GO and other FSL products while converting their digital earnings (GMT and GGT tokens) into real-world purchases. The app aims to make Web3 easier to use by connecting digital assets with everyday spending.
The team announced that before the full launch, users can join the waitlist for early access to the platform by signing up on the FSL website. FSL co-founder Yawn Rong shared that three years ago, a Web3 payment app seemed far-fetched. However, it is now a reality. With STEPN GO, users can earn rewards and use GMT Pay to spend those earnings in the real world, demonstrating Web3’s advancement by connecting digital and physical experiences.
FSL CEO Shiti Manghani stated:
“GMT Pay is the next step in empowering users to bring Web3 into their everyday lives. From fitness enthusiasts earning on STEPN GO to shoppers looking for global convenience, GMT Pay makes digital earnings useful in ways we couldn’t imagine just a few years ago.”
The GMT Giftcard: Bringing Digital and Physical Experiences Together
The GMT Giftcard is GMT Pay’s main feature. It’s a virtual Mastercard available in denominations of $50, $100, $200, and $300. Powered by Mastercard, the card can be used for online and in-store purchases at millions of merchants worldwide. It’s compatible with Apple Pay and Google Pay for easy and secure mobile payments.
The team designed GMT Pay to be accessible worldwide, allowing people from various regions to utilize its features. Though some restrictions may apply, it’s widely accessible and helps FSL advance its goal of integrating Web3 into everyday life.
The waitlist for GMT Pay is now open. Early users have the opportunity to try the new payment system before its official release.
FSL was founded in 2021; it is a gaming and development studio that links players to web3 through engaging and rewarding games. Its aim is to introduce people to web3 while promoting wellness and fighting climate change. The FSL ecosystem features STEPN, MOOAR, DOOAR, and Gas Hero.
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