Easy Cross-Border Shopping Using Fasset Card Digital Wallet Balances

JAKARTA — The concepts of Web3, stablecoins and digital assets have often seemed complex and intangible to the general public. However, a step has been taken to simplify such sophisticated technology into something tangible that fits in one’s pocket. Through an event attended by leaders of the global digital industry, Fasset Global officially launched the Fasset Card, a consumer payment card distributed by Fasset and issued by a fully licensed third-party service provider. The Fasset Card gives users instant purchasing power fully backed by stablecoins without requiring them to have a conventional bank account. Notably, the card can be used directly for transactions at more than 150 million merchants worldwide wherever Visa is accepted. Users simply top up their balance directly from their digital wallet within the Fasset Global app. They can then use it for daily shopping needs, whether online, at physical outlets, or when travelling across borders. The product’s arrival carries a mission of digital economic diplomacy. The event was directly attended by the Ambassador of the United Arab Emirates to the Republic of Indonesia, His Excellency Abdulla Salem Obaid Salem Aldaheri. His presence affirmed that Fasset Global, founded by Mohammad Raafi Hossain and Daniel Ahmed, can serve as a strategic financial bridge between Gulf capital markets and the giant potential of the Southeast Asian digital economy. He stressed the importance of this technological connectivity for both nations. ‘Today, we are not only celebrating the launch of a new financial product, but also celebrating innovation, connectivity and the power of technology to unite communities, businesses and various opportunities. Fasset is an outstanding example of a global economic and technological bridge between the United Arab Emirates and the Republic of Indonesia,’ he stated.