After downloading the Exa App and adding funds, an all-in-one card (credit and debit) is created. From the “Card” screen, you can configure it as debit or credit.

If you have configured your Exa Card as a debit card, the value of every purchase you make will be directly deducted from your stored assets.

When your card is set to credit mode, every time you make a purchase, the Exa App borrows the amount needed from Exactly Protocol’s fixed-rate lending markets, converts it to USD, and sends it directly to the merchant.

The interest rate is fixed and determined at the time of the transaction.

You will have previously defined the number of installments on the card screen.