Crypto exchange Bit2Me set to launch Mastercard debit card for EU

Bit2Me, a Spanish-based cryptocurrency exchange platform, has now announced the launch of the Bit2Me Card, a Mastercard debit card that will allow payments in both cryptocurrencies and euros in all establishments that accept Mastercard. Usage of the Bit2Me card will not be limited to Spanish territory. However, for the time being, it will only be…
Crypto exchange Bit2Me set to launch Mastercard debit card for EU

Bit2Me, a Spanish-based cryptocurrency exchange platform, has now announced the launch of the Bit2Me Card, a Mastercard debit card that will allow payments in both cryptocurrencies and euros in all establishments that accept Mastercard.

Usage of the Bit2Me card will not be limited to Spanish territory. However, for the time being, it will only be issued to Bit2Me users in the European Union.

In real-time, Bit2Me will convert cryptocurrencies into fiat money, and Bit2Me users will be able to pay for their purchases with any of the 69 cryptocurrencies that the company offers on its exchange platform. Furthermore, before the end of the year, Bit2Me plans to increase its offering of cryptocurrencies to 200.

This is a project in which Baldomero Falcones, who recently joined Bit2Me as Senior Advisor, has played a key role. Falcones was worldwide Chairman of Mastercard between 2002 and 2006, Chairman of FCC, and COO at Banco Santander. He is also co-founder of the VC firm Magnum Industrial Partners.

“We are delighted to work hand in hand with Bit2Me to continue innovating and creating solutions in the world of payments, and we are sure that this product will be very well received both in Spain and in Europe.”


– Paloma Real, General Manager of Mastercard Spain

Read More

Total
0
Shares
Leave a Reply

Your email address will not be published.

Related Posts
DeFi oracle solution Pyth integrates data from crypto exchange Huobi
Read More

DeFi oracle solution Pyth integrates data from crypto exchange Huobi

Pyth Network, an oracle solution for financial data, today announced a new data-sharing partnership with cryptocurrency exchange Huobi Global. Huobi Global will share its valuable cryptocurrency data directly on-chain to Pyth, enabling it to better provide financial data for its DeFi ecosystem. As a core DeFi element, Pyth provides price feeds emanated from a network…
Crypto custody platform Fireblocks integrates security token issuance solution from Tokeny
Read More

Crypto custody platform Fireblocks integrates security token issuance solution from Tokeny

Fireblocks, a provider of blockchain asset and crypto custody technology, today announced it has integrated Tokeny into its platform. The integration will enable clients of Fireblocks the ability to mint and manage permissioned tokens such as digital securities, stablecoins, and loyalty programs across apps, payment networks, and more. Now, with Tokeny’s product suite underscored by…
Crypto services app Abra launches support for ETH2 staking
Read More

Crypto services app Abra launches support for ETH2 staking

Related News Abra, a cryptocurrency management platform, today announced it has raised $55 million in Series C funding. The round was led by IGNIA and Blockchain Capital, with new investors including Kingsway Capital, Tiga Investments, and... Read more Abra, a bitcoin and cryptocurrency payment ecosystem, has announced a new partnership with ECPay allowing more ways…
Polygon integrates fiat payment gateway via Alchemy Pay
Read More

Polygon integrates fiat payment gateway via Alchemy Pay

Polygon, an Ethereum scaling platform, today announced the addition of fiat payment onramps for its network, thanks to a new partnership with Alchemy Pay. Alchemy Pay will create a bridge between fiat and crypto payments by embedding into the Polygon Network, enabling any Polygon-based protocol to set up a fiat on-ramp. Additionally, the move will…