December 4, 2021

Mastercard cryptocards will be issued in the Asia-Pacific region

Mastercard, which has the most developed payment network in the world, which accounts for more than 36 million points and sales of more than 210 country, expands payments in cryptocurrency in the Asian-Pacific region.

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In addition to hundreds of fiat currencies and modesMastercard payments will continue to increase compatibility with cryptocurrencies. In connection with this, a partnership agreement was made with the financial services provider from Hong Kong Amber Group, the Thai-owned company Bitkup and the Austrian government-sponsored company.

The work is directed to the release inAsian-Pacific region of payment cards with attachment to a cryptocurrency, which will allow you to use digital assets when you pay and get food

The interaction with the stock exchange is necessary for the fast conversion of the cryptocurrency into fiat money, which will then be transferred through the Mastercard network for a download.

According to the official information of Mastercard, the partnership will allow you to use debit, credit and prepaid cards by the users of the cryptocurrency.

Amber Group, Bitkup and CoinJar will also stopthe first cryptocurrency platforms in the Asian-Pacific region, which are connected to the global program Crpto Card Mastercard, an initiative to create a free

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