Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
By NAMCIOS
- Consumers and businesses in the Asia Pacific region can now apply for bitcoin-linked Mastercard credit, debit, and prepaid cards.
- The card giant partnered with cryptocurrency service providers Amber, Bitkub, and CoinJar to enable customers to pay for regular purchases with BTC.
- On the backend, cryptocurrency in the userās account is instantly converted into fiat currency to allow the payment.
Card giant Mastercard has partnered with cryptocurrency service providers Amber Group, Bitkub, and CoinJar to offer bitcoin-linked payment cards across the Asia Pacific region, the company said in aĀ statement on November 8. These firms are the first APAC-based platforms to join the card issuerās global Crypto Card Program, which seeks to make it easier for bitcoin and cryptocurrency firms to offer payment cards to their customers…