Joined: 4/2/2016(UTC)
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BitPay (Blockchain payments provider) has launched a prepaid MasterCard for cryptocurrency users in the United States. The card will allow users to convert their cryptocurrency into fiat. This can then be loaded onto the prepaid card and used anywhere which accepts MasterCard debit. Users who have a card will also be able to withdraw US dollars from ATMs, plus online purchases. Quote:BitPay CEO Stephen Pair had this to say: “The real goal of the BitPay Card is to provide users with a convenient way to convert their crypto onto a prepaid card. BitPay is a payments company, therefore we are focused on giving people and companies an easy way to conduct commerce using crypto.” Recent research shows that 36.5 million people in the US own various cryptocurrencies, and that launching this new prepaid card with make allow people in the US to transact a lot easier. Quote:MasterCard's vice president of digital partnerships, Tim Montgomery, said: “We’re enabling people to transact in the ways that work best for their individual needs. We will continue to work with fintechs across the globe to accommodate and empower consumer choice, flexibility, and evolving preferences.” Quote:“The BitPay Card has all of the modern capabilities users would expect. At the launch, we won’t have everything, but as we move forward we will add capabilities that traditional payment programs offer.” (Source: Cointelegraph)Bitcoin ExchangesBitcoin Online Casinos
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