Why Mastercard Launched First NFT Card With This Crypto App
Per an official announcement, payment giant Mastercard partnered with crypto financial app Hi to launch the “world’s first non-fungible token (NFT) card. This new payment product will enable people to customize their avatars with an item from a collection comprised of these digital assets. Related Reading: Newly Appointed Kraken CEO Has No Intentions To Register […]
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Nexo has officially launched its cryptocurrency credit card in collaboration with Mastercard after announcing the project back in 2019. Major cryptocurrency loan company Nexo has officially launched a crypto-backed Mastercard card enabling users to pay for services with cryptocurrencies like Bitcoin (BTC) without selling their crypto.Nexo has partnered with Mastercard and the peer-to-peer payment startup DiPocket to launch the Nexo Card, a crypto card allowing cardholders to use their crypto as collateral rather than selling it, the firm announced to Cointelegraph on Wednesday.The card is....
Australian crypto exchange CoinJar has released the first crypto MasterCard in the country. A post on CoinJar’s website confirmed that this card can be used just like a fiat MasterCard. Users get to spend their crypto with a fully-featured card both online and in-stores. CoinJar users can use their cards in stores and places where […]
MasterCard has contacted CoinDesk to reiterate that it does not have a relationship with Xapo, and that it had no knowledge of the company's planned product launch. The company added: "MasterCard does not have a relationship with Xapo. There is no card program currently available." UPDATE (25th April 02:30 BST): Xapo CEO Wences Casares spoke to CoinDesk to clarify the situation, stating that the company is currently working with an undisclosed bank to launch the open-loop debit card product, but it has yet to select a credit card network with which to power the offering. However, it was....
One of the world’s largest credit card company, Mastercard has partnered with the Winklevoss brothers’ Gemini cryptocurrency exchange to facilitate its credit card crypto reward system. The Gemini-powered credit cards would offer a 3% crypto reward on purchases through the card starting this summer. The card is to be issued by WebBank, a Utah-based digital […]
MasterCard has launched MasterCard Send, a personal payments service that enables funds to be sent quickly and securely to consumers domestically and internationally. Now live for users in the United States, MasterCard Send permits sending secure real-time payments to consumers, both banked and unbanked. The recipients get the funds immediately on their MasterCard or other cards, into mobile money and bank accounts or via cash agent outlets. "This unique platform will enable disbursements and person-to-person (P2P) payments to and from virtually any U. S. debit card account, including....