PIGEON FORGE, TN, June 07, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- KYN Capital Group, Inc. (OTC: KYNC) is thrilled to announce the next component of the Koinfold™ Suite; the Koinfold™ Debit Card. The Koinfold™ Debit Card will be directly linked to the user’s Koinfold™ account. The Koinfold debit card looks to be much more than a great revenue stream to the company.
“As we assist with society’s transition toward the normalization of crypto payments, we understand that not all merchants will embrace this movement as quickly as some have. We see the Koinfold™ Debit Card as one more step in this evolution, allowing consumers the ability to use their crypto accounts for payment with merchants that are not yet equipped for touchless crypto payment systems such as Koinfoldpay,” stated Rick Wilson, CEO of KYNC.
While the planned rollout of the Koinfold™ App and Debit Card will be for use of the cash balance in a user’s account, in the coming quarters of 2021, Koinfold™ looks forward to being able to announce even greater functionality for the debit cards going beyond the use of the account’s cash balance, as well as the ability to offer crypto rewards.
Finally, KYNC is eagerly looking forward to revealing the other very exciting elements of the Koinfold™ Suite in the coming days and weeks.
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About KYN Capital Group, Inc.
KYN Capital Group, Inc. (OTC: KYNC) is a Nevada Corporation. The company has been re-positioned to be a holding company for acquisitions, entertainment, blockchain, cryptocurrency and touchless payments. The goal is to combine the expertise of our team members to create a cohesive force, which will carry the company forward in the marketplace.
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