Mastercard has partnered with BitPay to offer the first prepaid card for the virtual asset community in the United States. The BitPay Card offers a safe, smart and efficient way to convert various virtual assets into fiat currency. The fiat currency is loaded onto the card and can be spent anywhere Mastercard debit is accepted around the world.
The BitPay Card supports BTC, BCH, ETH, XRP and stablecoins USDC, GUSD, PAX and BUSD. The card provides enhanced security including an EMV chip and options to lock your card and control the ways in which you spend. The mobile app tracks and manages card spending and allows you to purchase virtual assets and gift cards from many popular brands. The BitPay Card can be used worldwide, using contactless payments, PIN or cash withdraw from any Mastercard compatible ATM.
“At Mastercard, we’re committed to offering differentiated financial services to consumers on a global scale,” said Sherri Haymond, executive vice president, Digital Partnerships at Mastercard. “We’re excited to be working with BitPay to offer consumers greater choice and flexibility when it comes to managing their finances.”
Learn more about this partnership.
BitPay Launches First Mastercard Prepaid Card in the United States
- Posted on June 30th, 2020
- in Blockchain
- By Brandon Caruana
Brandon Caruana
Recognized for building bridges between technology and business divisions, Brandon forges successful working relationships with all levels of team members, encouraging communication and cooperation to effectively provide easy to use systems which improve efficiency and increase profitability.