The card does not attract any monthly fees, and it’s completely free to load more Bitcoin onto the card. The card comes with a one-time 10 fee, and it can be used throughout the United States. “We’re excited to be working with BitPay to offer consumers greater choice and flexibility when it comes to managing their finances. The BitPay Mastercard works in tandem with BitPay Wallet bringing a real use case for users that want to spend their Bitcoin for daily transactions.
“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. The BitPay Card can be used worldwide, using contactless payments, PIN or cash withdraw from any Mastercard compatible ATM. The mobile app tracks and manages card spending and allows you to purchase virtual assets and gift cards from many popular brands. Automatic Cash Back at Thousands of Places in Person and Online BitPay, the worlds largest provider of Bitcoin and cryptocurrency payment services. The card provides enhanced security including an EMV chip and options to lock your card and control the ways in which you spend. BitPay is also known for offering services such as BitPay. The BitPay Card supports BTC, BCH, ETH, XRP and stablecoins USDC, GUSD, PAX and BUSD. By using a BitPay Card, users are able to convert cryptocurrency into fiat currency, which can then be loaded onto the card and spent anywhere Mastercard. The card can be used as a prepaid debit card, a reloadable debit card, but not as a credit card. The fiat currency is loaded onto the card and can be spent anywhere Mastercard debit is accepted around the world. The Bitpay Mastercard card is one of the many Bitcoin and cryptocurrency services provided by Bitpay. Open your business up to a new global audience of cryptocurrency spenders, who may not have had access due to geographical. The BitPay Card offers a safe, smart and efficient way to convert various virtual assets into fiat currency. Crypto transaction fees are a fraction of the cost of wire transfers or credit card payments, in many cases totaling less than half of the fees imposed with traditional payment methods.
Mastercard has partnered with BitPay to offer the first prepaid card for the virtual asset community in the United States.
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