Mastercard and Binance to allow users to pay with Bitcoin, Ether, XRP and Cardano
Mastercard is partnering with cryptocurrency exchange Binance to launch a crypto payment card for users. Mastercard, like most other payment brands, is increasingly interested in crypto assets.
The partnership between the two companies will launch a card that will support 14 crypto assets. These include USDT, BNB, BTC, BNB, ETH, ADA, XRP and others.
The card will be linked to users' Binance accounts. Thus, when using the card, payments for goods and services will be made from Binance accounts. Consumers can use the card on all merchant sites that accept Mastercard.
Several cryptocurrency exchanges have also issued cryptocurrency cards in partnership with Visa, a Mastercard competitor. These include the Coinbase VISA card, the Crypto com VISA card and the Binance VISA card. Most of these cards promise cashback for purchases at all stores, Binance.
via.TITVN
