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22.11 - 21:11
Mastercard set to launch crypto-linked Payment Cards in Asia Pacific
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moneycontrol.comPayment card networks Mastercard has partnered with cryptocurrency service providers Amber, Bitkub and CoinJar to launch its first crypto-funded Mastercard payment cards in the Asia Pacific (APAC) region.
“Cryptocurrencies are many things to people—an investment, a disruptive technology, or a unique financial tool. As interest and attention surges from all quarters, their real-world applications are now emerging beyond the speculative,” said Rama Sridhar, Executive Vice President, Digital & Emerging Partnerships and New Payment Flows, Asia Pacific, Mastercard.
The announcement comes at a time when some merchants are already accepting payments in digital currencies such as Bitcoin or Ethereum. According to a Mastercard survey, 45 percent of
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