MasterCard will launch bitcoin cards in Asian markets

MasterCard will Poloniex will hold launch debit, credit and prepaid payment cards with bitcoo bitcoo in the Asia-Pacific region. They will allow business and consumers to pay for purchases with cryptocurrency.

Partners of the Mastercard Crypto Card initiatives are the Hong Kong startup Aber Group, Coinjar and BitKub cryptocurrency exchanges from Australia and Thailand, respectively.

The program involves reducing barriers to entry, optimizing the adaptation process and providing access to the Fintech experts.

The proposal implies an instant converting of digital assets to Fiat at the time of payment.

“As interests and attention to cryptocurrencies, the scenarios of use are beyond the scope of speculation. We will provide a greater choice and opportunities for payment ", -said Rama Sridhar, executive vice president of MasterCard for digital partnerships in the Asia-Pacific region.

Recall that in July, MasterCard expanded the card of cards for cryptocurrency companies to simplify the converting of digital assets in fiat.

In the spring, the payment system survey https://gagarin.news/ua/news/worst-of-crypto-winter-could-be-over-says-glassnode/ showed that four out of ten customers plan to use digital currencies in 2022.