{"id":"fiat24","version":1,"language":"en","title":"Fiat24","hidden":false,"content":"**Fiat24** is a Swiss fintech platform that integrates traditional banking services with [blockchain](https://iq.wiki/wiki/blockchain) technology. It offers users decentralized access to payments and account management. Built on [Arbitrum](https://iq.wiki/wiki/arbitrum), it operates under Swiss regulatory oversight and utilizes [NFTs](https://iq.wiki/wiki/non-fungible-token-nft) as unique identifiers for account access. [\\[1\\]](#cite-id-qvqujvkclhq) $$widget0 [YOUTUBE@VID](Gn-DTzifmcA)$$  \n  \n# Overview  \n  \nFiat24 is a global payment platform operated by SR Saphirstein AG, a Swiss fintech company regulated by FINMA. Using the [Arbitrum](https://iq.wiki/wiki/arbitrum) [Layer 2](https://iq.wiki/wiki/layer-2) network, Fiat24 provides [blockchain](https://iq.wiki/wiki/blockchain)-based payment services, allowing users to instantly transfer money and convert funds via any browser or [crypto wallet](https://iq.wiki/wiki/cryptocurrency-wallet). The platform offers debit card services for Swiss and EEA clients, enabling global transactions, and provides each user with a novel [NFT](https://iq.wiki/wiki/non-fungible-token-nft) identity linked to a Swiss IBAN for traditional banking services. Fiat24 integrates with Swiss and European banking systems for broader financial connectivity, including SEPA and SWIFT. [\\[2\\]](#cite-id-8mravv010gy) $$widget0 [YOUTUBE@VID](CwaWpoETaao)$$  \n  \n# Products  \n  \n## Digital Identity  \n  \nTo become a Fiat24 client, users must hold a \"Fiat24\" [NFT](https://iq.wiki/wiki/non-fungible-token-nft) in their [Arbitrum](https://iq.wiki/wiki/arbitrum) wallet, which acts as their account number and login credential. These [NFTs](https://iq.wiki/wiki/non-fungible-token-nft) serve as a unique digital identifier, linking users' identity to their Fiat24 account. Fiat24, as a Swiss-licensed fintech, ensures that client identity and risk data are verified and securely stored without exposure to the [blockchain](https://iq.wiki/wiki/blockchain). Additionally, Fiat24 [NFTs](https://iq.wiki/wiki/non-fungible-token-nft) can be utilized by third-party [Web3](https://iq.wiki/wiki/web3) applications, providing a privacy-preserving method of verifying user status. [\\[3\\]](#cite-id-5q5erilnqul)[\\[4\\]](#cite-id-0b029e7xqam5)   \n  \n## Swiss IBAN  \n  \nSwiss IBANs at Fiat24 are tied to users' [NFT](https://iq.wiki/wiki/non-fungible-token-nft) IDs, providing a novel and consistent transaction account number. An IBAN (International Bank Account Number) helps banks identify individual accounts, facilitating secure transfers within Switzerland and internationally. By linking a Swiss IBAN to a Fiat24 [NFT](https://iq.wiki/wiki/non-fungible-token-nft), users can manage [crypto](https://iq.wiki/wiki/cryptocurrency) and fiat funds, easily off-ramp assets, and conduct transactions as they would with a traditional bank account, seamlessly integrating digital and fiat currencies. The IBAN can pay bills, receive salaries, and transfer Euros or Swiss Francs. [\\[3\\]](#cite-id-5q5erilnqul)  \n  \n## Fiat24 Debit Card  \n  \nThe Fiat24 Card is a Visa debit card that allows users to spend [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) by connecting their wallet to the Fiat24 [decentralized app (dApp)](https://iq.wiki/wiki/decentralized-application). The [dApp](https://iq.wiki/wiki/decentralized-application) facilitates instant [crypto](https://iq.wiki/wiki/cryptocurrency) conversion to [fiat](https://iq.wiki/wiki/fiat-money), enabling real-world transactions online and in stores. The platform integrates with wallets like [MetaMask](https://iq.wiki/wiki/metamask), making it easy to top up accounts using tokens such as [ETH](https://iq.wiki/wiki/ethereum) or [ARB](https://iq.wiki/wiki/arbitrum-arb) and spend via Apple Pay or Google Pay. Designed for users who prefer control over their private keys, the Fiat24 Card bridges the gap between [decentralized finance](https://iq.wiki/wiki/defi) and real-world payments. It works on Android and Apple devices, ensuring secure, contactless transactions. Users can maintain control of their assets, converting [crypto](https://iq.wiki/wiki/cryptocurrency) to [fiat](https://iq.wiki/wiki/fiat-money) only when necessary. [\\[5\\]](#cite-id-37wqtmhaxfw)[\\[6\\]](#cite-id-3nf0qmaw2n8) $$widget0 [YOUTUBE@VID](K2WRvNF0yv0)$$  \n  \n# F24  \n  \nF24 is the native token of Fiat24. F24 tokens are [burned](https://iq.wiki/wiki/token-burn) during user account creation or when purchasing premium [NFTs](https://iq.wiki/wiki/non-fungible-token-nft). Wallet providers also [burn](https://iq.wiki/wiki/token-burn) F24 tokens to [mint](https://iq.wiki/wiki/minting) standard [NFTs](https://iq.wiki/wiki/non-fungible-token-nft) for their clients. The F24 token underpins access to Fiat24's services, with all consumed tokens [burned](https://iq.wiki/wiki/token-burn) to maintain its [utility](https://iq.wiki/wiki/utility-token). [\\[7\\]](#cite-id-1nkahq2qupz)[\\[8\\]](#cite-id-nnfk4fwt5a)  \n  \nF24 had the following allocation: [\\[7\\]](#cite-id-1nkahq2qupz)[\\[8\\]](#cite-id-nnfk4fwt5a)  \n  \n* Early Adopters and Community: 50%  \n* Treasury: 30%  \n* Team: 20%  \n  \n![1_kBj--nb8Jeq9S41mh36JtA.webp](https://ipfs.everipedia.org/ipfs/QmPPpyRpVmtYRCXFLR5M8o8k3Qvi8iGybxUwQLbPMWYcs2)  \n  \n# Partnerships  \n  \n* USDV  \n* [SafePal](https://iq.wiki/wiki/safepal)  \n* [THORWallet](https://iq.wiki/wiki/thorchain)  \n* Halo Wallet  \n* ONTO","summary":"Fiat24 is a Swiss fintech platform integrating traditional banking with blockchain, offering decentralized payment services and using NFTs for digital identity on Arbitrum.","categories":[{"id":"defi","title":"Decentralized Finance"}],"promoted":0,"tags":[{"id":"Organizations"},{"id":"Online"}],"metadata":[{"id":"references","value":"[{\"id\":\"qvqujvkclhq\",\"url\":\"https://fiat24.com/\",\"description\":\"Fiat24\",\"timestamp\":1726699367255},{\"id\":\"8mravv010gy\",\"url\":\"https://docs.fiat24.com/faq\",\"description\":\"Intro to Fiat24 | Fiat24 Docs\",\"timestamp\":1726699640490},{\"id\":\"5q5erilnqul\",\"url\":\"https://docs.fiat24.com/products\",\"description\":\"Products | Fiat24\",\"timestamp\":1726699803800},{\"id\":\"0b029e7xqam5\",\"url\":\"https://docs.fiat24.com/faq/account-nft\",\"description\":\"Account NFTs | Fiat24 Docs\",\"timestamp\":1726699819410},{\"id\":\"37wqtmhaxfw\",\"url\":\"https://docs.fiat24.com/faq/fiat24-card\",\"description\":\"Fiat24 Card | Fiat24 Docs\",\"timestamp\":1726699881508},{\"id\":\"3nf0qmaw2n8\",\"url\":\"https://medium.com/fiat24/the-fiat24-card-features-and-fees-af44df33a965\",\"description\":\"The Fiat24 Debit Card | Medium\",\"timestamp\":1726699896456},{\"id\":\"1nkahq2qupz\",\"url\":\"https://docs.fiat24.com/faq/f24-tokens\",\"description\":\"F24 Tokens | Fiat24 Docs\",\"timestamp\":1726699924235},{\"id\":\"nnfk4fwt5a\",\"url\":\"https://medium.com/fiat24/what-is-f24-bridging-traditional-banking-with-web3-787be6bf5966\",\"description\":\"What is F24 | Medium\",\"timestamp\":1726699935503}]"},{"id":"website","value":"https://fiat24.com/"},{"id":"contract_url","value":"https://arbiscan.io/token/0xbE00f3db78688d9704BCb4e0a827aea3a9Cc0D62"},{"id":"twitter_profile","value":"https://twitter.com/Fiat24Account"},{"id":"linkedin_profile","value":"https://www.linkedin.com/company/fiat24/"},{"id":"discord_profile","value":"https://discord.com/invite/Uk8Ev3cFFe"},{"id":"telegram_profile","value":"https://t.me/+i-BrViwFIIxkNGY8"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/fiat24-usd"},{"id":"medium_profile","value":"https://medium.com/@fiat24"},{"id":"arbiscan_profile","value":"https://arbiscan.io/token/0xbE00f3db78688d9704BCb4e0a827aea3a9Cc0D62"}],"user":{"id":"0xacb6c5AD52b8f605299B0d774CE97F26e3DB80c2"},"author":{"id":""},"media":[{"name":"1_BZOf0ASDWhtw58ukgoNJrA.webp","size":"0.02","id":"QmcwXUWXJzfv6LJ6tnZjqHJoaZxgvYHg6P3AiiyQkZYhbs","type":"GALLERY","source":"IPFS_IMG","hash":"QmcwXUWXJzfv6LJ6tnZjqHJoaZxgvYHg6P3AiiyQkZYhbs"},{"name":"1_kBj--nb8Jeq9S41mh36JtA.webp","size":"0.04","id":"QmPPpyRpVmtYRCXFLR5M8o8k3Qvi8iGybxUwQLbPMWYcs2","type":"GALLERY","source":"IPFS_IMG","hash":"QmPPpyRpVmtYRCXFLR5M8o8k3Qvi8iGybxUwQLbPMWYcs2"},{"name":"Gn-DTzifmcA","size":0,"id":"https://www.youtube.com/watch?v=Gn-DTzifmcA","source":"YOUTUBE"},{"name":"CwaWpoETaao","size":0,"id":"https://www.youtube.com/watch?v=CwaWpoETaao","source":"YOUTUBE"},{"name":"K2WRvNF0yv0","size":0,"id":"https://www.youtube.com/watch?v=K2WRvNF0yv0","source":"YOUTUBE"}],"views":0,"events":[],"linkedWikis":{"founders":[],"blockchains":[],"speakers":[]},"founderWikis":[],"blockchainWikis":[],"images":[{"id":"QmYk9CAYdWFKiTdTjfpqUFZuroCimFBQheHvhEu6eoRYQ1","type":"image/jpeg, image/png"}]}