What is Banxito?
Banxito is a debit card, a mobile app, a better debit experience, a consumer advocate, and a way to protect your account from fraud, breaches, and card cancellation.
Banxito give us control of our debit cards for how and when we’re charged, instead of leaving it up to merchants.
Banxito eliminates the hassle associated with a cancelled card, fraud, or theft. Don't waste time re-establishing your payment relationships. Don't worry about missing important bills or about constantly checking your statement for unauthorized charges.
Is there a physical card?
Yes, we will be issuing a physical card. We aim to be the easiest payment solution you use, everywhere you purchase. And while transactions are happening more and more online, card-present transactions still make up roughly 70% of all purchases.
Our smart-card technology includes mobile control features that let you turn your physical card on or off, or even set an automated deactivation if the card is beyond a certain distance from your mobile device.
Will my Banxito card run out of numbers?
No. We did some math…suffice it to say, we're confident that won't be a restriction anytime in the near future.
Where does Banxito work?
Everywhere. It’s not just a digital wallet that works with NFC terminals, or a physical card, or even just a way to create unique card numbers for online purchases. It’s all of those things, combined.
When will I be able to use my Banxito card?
We’re aiming to launch a beta to you, our earliest signups, in Q3 2023