Alchemy Pay to launch virtual crypto cards with Visa and Mastercard support
Crypto payment firm Alchemy Pay is planning to roll out a crypto-linked virtual card that is accepted on the Visa and Mastercard payments networks. Hybrid crypto-fiat platform Alchemy Pay announced Monday that the company will be launching virtual crypto-linked cards accepting more than 40 cryptocurrencies like Bitcoin (BTC).The new cards can be linked to Google Pay and PayPal digital wallets, and make payments across the Mastercard and Visa networks, as well as popular e-commerce platforms like Amazon and eBay.According to the announcement, Alchemy Pay has already completed the product’s....
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Alchemy has announced that it will be rolling out cryptocurrency cards that will support above 40 cryptocurrencies like Bitcoin and others. Furthermore, the crypto-fiat platform disclosed that users could link the cards to their Paypal digital wallets and Google Pay from the announcement. With such, users can pay through both Visa and MasterCard networks seamlessly. Also, anyone with a card and uses them on eBay and Amazon. Related Reading | Vitalik Buterin Urges Ethereum To Grow Beyond DApps The announcement also revealed that Alchemy Pay has developed the products and even launched....
Crypto exchange Binance has blocked transactions with Mastercard and Visa cards issued in the Russian Federation. The trading platform announced the move after the American payment giants decided to halt operations in Russia over its military invasion of Ukraine.
Russians Unable to Use Their Mastercard and Visa Cards on Binance
Starting on Wednesday, March 9, all transactions initiated with Mastercard and Visa cards issued in Russia will be unavailable on Binance. The world’s largest cryptocurrency exchange by trading volume explained this is due to the U.S. payment....
One of the top exchanges in the cryptocurrency space, BTC-e, has announced today that they're allowing traders to withdraw funds to VISA or MasterCard-issued credit/debit cards. According to the exchange, the withdrawal method can be done "in any country and in any currency", but notes that all transactions take place in U. S. Dollars, meaning that if a cardholder's card does not go by USD, it will be converted as per the VISA/MasterCard (or bank) rate. While most users should not have any issues, BTC-e warns that MasterCard Maestro and VISA Electron cards are not supported by their payout....
The United States recently prohibited U. S. -registered companies from investing in Crimea or providing services to firms operating there. This prohibition went along with sanctions imposed as a result of Russia's annexation of the peninsula from Ukraine. The consequences for the people of Crimea and parts of Ukraine are now being exacerbated by Visa and Mastercard's suspension of regional bank card services. Also read: EuroPay, Mastercard, and Visa (EMV) Credit Cards Force Needed Security Upgrade with "Liability Shift". VISA and Mastercard Leave Crimea. Visa, in a recent statement, has....
Today, at 17:49 BTC-e time, BTC-e released this update on their site. This was the first update in nearly a month, the last update being a statement regarding Mt. Gox. Withdrawal of funds on the cards VISA / MasterCard issued in any country and in any currency. Dear our valuable clients! We are pleased to announce that for your convenience, we have implemented a new payout system that allows you to send your funds to any cards VISA / MasterCard issued in any country and in any currency. Fee - 5%. Transfer of funds is possible only in U. S. dollars . If your card is not in USD, the money....