GMT Pay Launches as First Payment Gateway to Enable Web3 Earnings for Everyday Payments
FSL, the Web3 development studio behind the widely popular STEPN app, has unveiled GMT Pay, a groundbreaking payment solution that transforms Web3 earnings into seamless everyday payments. This innovation allows users of STEPN GO and other FSL platforms to convert their GMT and GGT rewards into real-world spending power. GMT Pay aims to bridge the gap between the digital and physical worlds, making Web3 more accessible and practical for global users. The waitlist for GMT Pay is now open, granting early adopters priority access to this transformative platform via fsl.com/gmtpay. Also read: CLS Global Pleads Guilty to US Charges of Crypto Market Manipulation “Three years ago, the idea of a Web3 payments app felt like a distant dream,” remarked Yawn Rong, Co-Founder of FSL. “Today, it’s a reality. You can go for a run with STEPN GO, earn rewards, and seamlessly use those earnings to make real-world purchases. This is the evolution of Web3—bridging the digital and physical worlds.” Shiti Manghani, CEO of FSL, added, “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.” Key Features of GMT Pay At the heart of GMT Pay lies the GMT Giftcard, a virtual Mastercard available in denominations of $50, $100, $200, and $300. Powered by Mastercard, this versatile card enables users to make online and offline payments at millions of merchants worldwide. Whether shopping on Amazon, subscribing to Spotify, or grabbing coffee at a local café, the GMT Giftcard offers unparalleled convenience. Additionally, it supports mobile transactions through compatibility with Apple Pay and Google Pay, ensuring secure and seamless payments. Also read: Prominent Ethereum Developer Departs to Explore AI Innovations Amid Leadership Reshuffle Global Accessibility Designed with inclusivity in mind, GMT Pay is accessible across various regions, empowering users worldwide to integrate Web3 earnings into their everyday lives. While some regional restrictions may apply, the platform marks a significant milestone in FSL’s mission to mainstream Web3 technology. Join the GMT Pay Waitlist FSL invites users to join the waitlist for GMT Pay and gain early access to this revolutionary payment platform. By signing up, users can experience firsthand the transformative power of Web3 payments. To learn more or to join the waitlist, visit fsl.com/gmtpay. About STEPN and STEPN GO STEPN is the leading Web3 lifestyle app, boasting over 5.7 million registered users. It incentivizes physical activity by rewarding users with GMT tokens for walking, jogging, or running. The app has collaborated with notable brands, including adidas, Atlético de Madrid, Steve Aoki, and ASICS. Also read: Tornado Cash Sanctions Dropped: A Major Win for Privacy in Crypto Meanwhile, STEPN GO, an evolution of the original STEPN platform, combines social fitness with Web3 incentives. Users can buy, borrow, or lend virtual Sneakers to earn rewards, fostering both physical activity and social connections. About FSL Founded in 2021, FSL is a global gaming and development studio dedicated to connecting users with Web3 through engaging and rewarding experiences. Its ecosystem includes STEPN, MOOAR, DOOAR, and Gas Hero, with a mission to promote healthy living and combat climate change. For more information, visit fsl.com.