Mastercard and Binance Partner to Launch Crypto Card
Mastercard has partnered with the world’s largest crypto exchange, Binance, to allow consumers to make everyday payments using digital currencies.
The company is working with Binance to roll out a crypto payment card to make purchases in more than 90 million stores worldwide.
Argentina will be the first country in Latin America to use the crypto debit card.
“We can unlock the full potential of blockchain technology when we make it easier to access + easier to use. One way we do that is by bringing crypto to everyday purchases. To make that a reality, we’re working with Binance to let people to use their crypto to make purchases at 90m+ stores that accept Mastercard,” said Mastercard CEO Michael Miebach in a LinkedIn post.
Binance cardholders can manage their cards through the Binance App and website card dashboard. Users can also view their transaction history and access customer support via the card dashboard.