Vault is a global money app that allows you to instantly transfer and exchange currency to and from your account in real time with no stress, no hassle and no hidden charges.

With the multi-currency deVere Vault Prepaid Mastercard®, you can spend money online, in store or at any ATM locations across the globe that has the Mastercard® acceptance mark.

Designed to fit around your busy schedule, Vault gives you full control of your own finances in the palm of your hand.

Our Goals

We want to implement greater transparency within the banking world by providing a secure, seamless experience that facilitates your currency exchange with no hidden fees.

Features

Create an account in five settlement currencies: GBP, USD, EUR, CHF, PLN.

Transfer money between accounts instantly and for free anywhere in the world.

Transfer and store in a further 22 currencies

Top up your wallet by bank transfer, or instantly via debit card.

Instant Vault-2-Vault transfers between users.

Receive money from third-party bank accounts.

Add up to 3 Companion Cards for family and friends under the primary Vault user account.

See the exact exchange rate before committing to a conversion.

Set up dynamic FX rate alerts to exchange at the optimum time.

Get real-time notifications after every transaction.

Enable and disable contactless/magstripe/online transactions or ATM withdrawals in app.

Turn payments on and off when you're abroad.

Get rewarded for recommending Vault to family and friends.

Secure touch/face ID login

Experience instant live chat support

Freeze and unfreeze your card on the go

deVere Vault Prepaid Mastercard®

The deVere Vault Prepaid Mastercard® is a multi-currency card that can be ordered from the app at the touch of a button. The card can then be used online, in store and at any ATM locations across the globe that have the Mastercard® Acceptance Mark.

Security

Secure Account

As well as being fast and user friendly, we believe that account safety is of utmost importance. That’s why your data is kept under the highest levels of encryption and your money is held securely in an account that cannot be touched by the bank.

Card Transactions

All Vault Card transactions are processed by a Mastercard® Certified processor which has attained the necessary PCI DSS (Payment Card Industry Data Security Standard) Level 1 accreditations required.

Instant

Vault allows you to instantly load and convert money in up to 27 currencies. Whether you need to send money to friends, pay bills overseas or just want to save money on currency exchange, our user-friendly app is the only travel companion you need.

Currency

Create and fund your account in five major currencies: GBP, USD, EUR, CHF and PLN, with the option to exchange, spend and store in a further 22 currencies. Make transactions and purchases anywhere in the world, with the deVere Vault Prepaid Mastercard®.

Freedom

We eliminate hidden banking fees by always showing you the exact conversion rate before you commit to an exchange. Vault users have complete control over every aspect of their account, meaning payments are secure and can be made anywhere Mastercard® is accepted.

Overview

Vault is a decentralized, stablecoin-based payment platform that enables users to send, receive, and store funds globally with minimal fees and high security. It leverages blockchain technology to provide a transparent, efficient, and accessible financial ecosystem.

Key Features

* Global Reach: Vault allows users to transact across borders seamlessly, eliminating geographical barriers and currency exchange complexities.

* Stablecoin Foundation: The platform is anchored to a basket of fiat currencies, ensuring price stability and minimizing volatility.

* Low Transaction Fees: Vault employs a native token for transactions, reducing gas fees and facilitating micro-payments.

* Enhanced Security: Blockchain technology provides robust encryption and immutable records, safeguarding user funds and transactions.

* Transparency: All transactions are recorded on the public blockchain, ensuring accountability and reducing the risk of fraud.

Stablecoin Mechanism

Vault's stablecoin is pegged to a basket of fiat currencies, such as the US dollar, euro, and Japanese yen. This basket approach provides stability by diversifying the risk across multiple currencies. The platform employs a mechanism called "rebasing" to adjust the stablecoin's value when necessary, ensuring its peg to the basket remains within a narrow range.

Native Token (VLT)

The Vault platform utilizes a native token, VLT, to facilitate transactions and reward users for their contributions. VLT is used to pay gas fees, participate in governance, and earn rewards through staking.

Governance

Vault operates as a decentralized autonomous organization (DAO), giving users a voice in shaping the platform's development and decision-making. Token holders can vote on proposals, elect delegates, and participate in community discussions.

Benefits

* Cross-Border Transactions: Vault simplifies global payments, eliminating the need for costly currency conversions and cross-border fees.

* Price Stability: The stablecoin foundation ensures that users can transact without the volatility associated with other cryptocurrencies.

* Reduced Fees: Low transaction fees make Vault an attractive option for small and frequent payments.

* Enhanced Security: Blockchain technology provides peace of mind and protects users from fraud and cyberattacks.

* Accessibility: Vault is designed to be accessible to users of all levels, regardless of their technical expertise or financial background.