Gnosis Card has some limitations compared to regular bank debit cards and/or other crypto cards due to its self custodial nature and the transactions taking place fully on-chain.
Countries Restrictions: In our commitment to comply with international regulations and ensure the safety of our transactions and community, there are certain countries where the use of our cards is currently prohibited. See full list here.
No Rental Cars, Automated Fuel Dispensers (aka No gas stations): Given the nature of blockchain, we need to restrict transactions at places that place a temporary hold on your card (ex. Gas stations)
No Virtual Cards: Virtual cards are currently not available. They are in the product roadmap, and are expected to be out in the second half of 2024.
No Magstripe Support: Magstripe transactions are not supported. Magstripe is an outdated technology and is planned to be completely abandoned around the world in the near future.
Currency Restrictions: Supported currencies: EURe for EEA, Switzerland, Gibraltar, and GBPe for the UK.
Note: While making card payments in a foreign country, you should choose the currency of the local country when prompted to reduce the impact of foreign exchange fees.
Best Practices to use the Gnosis Card
You might have noticed that a Safe has been created for you when you signed up, which you will use to top up your card. Be advised that the configurations of this Safe has been updated to be compatible with a payment system. We recommend the following:
You should only use the Gnosis Pay WebApp instead of the Safe interface.
Do not try to change the Safe setup/configurations as it will create problems and may cause your card not to work.
Do not send tokens other than EURe to your Safe as they will not get converted to EURe automatically.
Do not send tokens to your Safe address on other chains (Safe is a smart contract wallet. Unlike EOAs, smart contract wallets do not carry over to other networks.)
While sending out tokens from your Safe, due to the same reason, only send your funds to a wallet on Gnosis Chain.
Do not send EURe from your Safe to a centralized exchange deposit address.