# Marcos Numes I Future of Payments I Gnosis Pay I Pragma London 2024

- Channel: [ETHGlobal](https://streameth.org/ethglobal)
- Date: 2024-10-09
- Duration: 20:48
- Topics: Gnosis Pay, Marcos Numes, decentralized payments, crypto Visa card, stablecoins, Web3 banking, blockchain point of sale, self-custody wallet, Gnosis Pay card, crypto off-ramp, DeFi finance, Pragma London, Ethereum payments, Visa integration, crypto regulation, crypto to fiat, digital assets, e-commerce crypto, real-world crypto usage, on-chain spending, Gnosis, crypto banking, decentralized checking account, Apple Pay, USDC bridge, multiwallet integration
- Watch: https://streameth.org/watch/yt-sqy9eLueO6c
- YouTube: https://www.youtube.com/watch?v=sqy9eLueO6c

## Description

In this exciting session from Pragma London 2024, Marcos Numes, co-founder of Gnosis Pay, shares how the future of payments is becoming reality with the world’s first decentralized checking account. Discover how Gnosis Pay connects crypto wallets directly to Visa-compatible cards, enabling seamless real-world payments using stablecoins. Learn about the technology behind point-of-sale blockchain authorization, digital asset pre-settlement, and how Gnosis Pay eliminates traditional off-ramp friction.

Marcos discusses their journey navigating global regulation, launching across 40+ countries, and their vision for expanding access to financial infrastructure worldwide through decentralized rails. Whether you’re a Web3 builder, fintech founder, or crypto enthusiast, this talk is a must-watch for understanding how self-custody, DeFi, and mainstream payments are finally coming together.

00:00 Intro and welcome to Marcos Numes
01:27 What is Gnosis Pay and how it works
02:07 Using stablecoins at Visa payment terminals
03:30 Behind the scenes: blockchain to fiat flow
04:58 Understanding regulated card issuance
06:11 How blockchain transactions are authorized
07:35 Building Gnosis Pay and regulatory challenges
09:34 Real-world usage: 40+ countries and live testing
10:08 Better FX rates and competitive comparisons
10:50 Sustainable revenue model for Web3 projects
11:23 Working with Visa and industry collaboration
12:41 Gnosis Pay’s mission as a decentralized bank
14:00 Bridging L1s, fiat, and real-world finance
15:25 Enabling wallets and users with seamless off-ramps
16:46 Why off-ramp fees exist and how Gnosis Pay differs
18:01 Making crypto spending as simple as banking
18:32 Global expansion and upcoming product launches
19:40 Adding Apple Pay, e-commerce, and new use cases
20:17 Bridging native USDC and public roadmap wrap-up

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🇬🇧 *Pragma London*
Pragma London took place at Christchurch Spitalfields in London on March 14, 2024, and was an in-person summit for builders and leaders in the web3 ecosystem. Watch the full Pragma London playlist here: https://youtube.com/playlist?list=PLXzKMXK2aHh7rvaHBM14peT1TwI3QX38p&si=MzGrEYwYjxSQFiFM

ETHGlobal's Pragma series takes place in cities around the world, and is designed to be a different kind of event. Pragma is a one-stage conference with founders-only on stage, bringing together a small group of curated attendees and speakers to discuss the future of web3 and reflect on the past. Ever since we first introduced our new event series Pragma in Tokyo of the spring of 2023, we have been fostering a curated, global community of individuals who deeply care about web3.

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X: https://x.com/gnosispay

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