#Japan #Crypto Card #Tokyo #Bitbank #EPOS

Introduction of the EPOS CRYPTO Card for bitbank

In a groundbreaking move for Japan's fintech landscape, Epos Card Co., Ltd., part of the Marui Group, has partnered with Bitbank Inc., a leading cryptocurrency exchange in Japan, to launch the EPOS CRYPTO Card for bitbank. Set to be issued from April 27, 2026, this pioneering credit card allows users to withdraw funds directly from their cryptocurrency exchange accounts to cover their credit card expenses.

Key Features of the EPOS CRYPTO Card

The EPOS CRYPTO card distinguishes itself as the first credit card in Japan that enables users to utilize their crypto assets for both payments and rewards. Here’s how it works:

1. Withdrawals from Crypto Exchange: Customers can choose to settle their monthly credit card dues either from a traditional financial institution or directly from their bitbank account, providing flexibility in managing their payments. However, it is important to note that if users opt for the cryptocurrency exchange as their source of funds, currently only Bitcoin (BTC) is supported for this purpose.

2. Rewards in Cryptocurrency: The card offers a unique reward structure with a return rate of 0.5% on spending, rewarding customers in cryptocurrency instead of traditional reward points. Users can choose their desired rewards from three cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), and Astar (ASTR), representing a first-of-its-kind initiative in Japan. Additionally, new cardholders will receive an initial reward equivalent to 2,000 yen.

3. Fee Structure: The EPOS CRYPTO card has no annual fee, making it an attractive option for users looking to integrate their crypto finances into everyday spending.

Promotional Campaign

To celebrate the card's launch, Epos Card and bitbank will conduct a promotional campaign, offering up to 4,000 yen worth of cryptocurrency for new sign-ups and card usage. Details are accessible on the campaign page at bitbank.

Background of the Partnership

The Marui Group has always aimed to create an inclusive society where everyone feels a sense of happiness. As part of their mission, the Group seeks to provide diverse financial options for underserved populations, including youth and foreigners. Cryptocurrencies are increasingly seen as a viable solution for young individuals concerned about their financial future. With a growing number of accounts being opened at Bitbank, the collaboration aligns with the Group's goal of promoting financial empowerment and inclusivity.

Bitbank, recognized as one of Japan's largest cryptocurrency exchanges, shares a vision of fostering a fair and open society, complementing the Marui Group's mission. This synergy has paved the way for the innovative EPOS CRYPTO Card for bitbank.

Future Prospects

Looking ahead, both companies aim to expand the range of cryptocurrencies available for payments and rewards, continuously enhancing the user experience with new services. This collaboration is not just about providing a payment solution; it's a step towards a future where cryptocurrencies are woven seamlessly into everyday financial practices.

Statements from Executives

Shyam Kothari, President of Visa Worldwide Japan, commended this initiative, stating, "This is an essential step in connecting crypto assets with everyday payment experiences. We anticipate that offering options for crypto payments and rewards will become commonplace and accessible to a broader audience." The partnership aims not only to innovate but also to increase accessibility to financial services for all.

Company Overviews

Bitbank, Inc.

• - Headquarters: 2-2-1 Yaesu, Chuo-ku, Tokyo, Japan.
• - CEO: Noriyuki Hirosue.
• - Website: bitbank.cc

Epos Card Co., Ltd.

• - Headquarters: 4-3-2 Nakano, Nakano-ku, Tokyo, Japan.
• - CEO: Akira Aida.
• - Website: eposcard.co.jp

Marui Group

• - Headquarters: 4-3-2 Nakano, Nakano-ku, Tokyo, Japan.
• - CEO: Hiroshi Aoi.
• - Website: 0101maruigroup.co.jp

With this remarkable introduction of the EPOS CRYPTO Card for bitbank, Japan is poised to enter a new era of financial integration between cryptocurrency and traditional payment methods.