Posts

Showing posts with the label cryptocards

Binance MENA to offer crypto cards with MasterCard as part of 90 million stores initiative

Image
  On August 23 rd  2022,  Michael Miebach the CEO of MasterCard posted  on LinkedIn,   “We can unlock the full potential of blockchain technology when we make it easier to access and easier to use. One way we do that is by bringing crypto to everyday purchases. To make that a reality, we’re working with Binance to let people use their crypto to make purchases at 90 million stores that accept MasterCard. We are launching this work in Argentina with plans to expand from there.”  It seems that the expansion will be in the MENA region and come very soon. So as mentioned, MasterCard and Binance will start offering customers the opportunity to pay for items with their Bitcoin and BNB, using a Binance Card. A prepaid card, that bridges crypto and fiat currencies, in Argentina. The plan is to then roll out this offer to include 90 million stores worldwide. The Binance Card can be used by anyone with a valid national ID to pay bills and make purchases with the card, using their Bitcoin and