Mastercard introduces the first crypto-connected payment cards for the Asian-Pacific area-News
Mastercard introduces the first crypto-connected payment cards for the Asian-Pacific area-News
The payment giant Mastercard is launching Krypto-Link payment cards for the Asian-Pacific area with three crypto service providers. "For the first time, consumers and companies in the Asian-Pacific area can apply for crypto-linked Mastercard credit, debit or prepaid cards," said MasterCard.
First Crypto-Linked MasterCards in the Asian-Pacific room
Mastercard announced on Monday that it was teamed up with three crypto service providers in the entire Asian-Pacific region "to launch the region's first crypto-connected payment cards".
The three partners are Amber Group, Bitkub in Thailand and Coinjar in Australia. All three companies offer cryptocurrency exchange services in their respective home markets. In partnership with MasterCard you will "launch cryptofo-financed Mastercard payment cards," says the announcement and adds:
The cards "enable you to convert your cryptocurrencies into traditional Fiat currencies immediately that can be output wherever Mastercard is accepted around the world".
The three companies are "the first APAC-based cryptocurrency platforms that join the Global Crypto Card program from MasterCard, which is supposed to make crypto companies easier and faster, to bring secure, compliant payment cards onto the market, as consumers are increasingly trying to secure everyday transactions safely". And efficiently with digital currencies, ”said the payment giant and added:
This announcement comes at a time when the interest in cryptocurrencies in the entire Asian-Pacific region has achieved an all-time high.
last month, MasterCard that it announces a partnership with the cryptocurrency exchange Bakkt has received "to make it easier for dealers, banks and fintechs in the USA, to accept and offer a wide range of cryptocurrency solutions and services".
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