Mastercard Launches Bitcoin Payment Cards In Asia Pacific

Mastercard Launches Bitcoin Payment Cards In Asia Pacific



  • Consumers and businesses in the Asia Pacific region can now apply for bitcoin-linked Mastercard credit, debit, and prepaid cards.
  • The card giant partnered with cryptocurrency service providers Amber, Bitkub, and CoinJar to enable customers to pay for regular purchases with BTC.
  • On the backend, cryptocurrency in the user’s account is instantly converted into fiat currency to allow the payment.

Card giant Mastercard has partnered with cryptocurrency service providers Amber Group, Bitkub, and CoinJar to offer bitcoin-linked payment cards across the Asia Pacific region, the company said in a statement on November 8. These firms are the first APAC-based platforms to join the card issuer’s global Crypto Card Program, which seeks to make it easier for bitcoin and cryptocurrency firms to offer payment cards to their customers.

“For the first time, consumers and businesses in the Asia Pacific region will be able to apply for crypto-linked Mastercard credit, debit or prepaid cards that will enable them to instantly convert their cryptocurrencies into traditional fiat currency, which can be spent everywhere Mastercard is accepted around the world,” per the announcement.



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