Home / AOV / Mastercard Partners With Binance to Launch Prepaid Crypto Card in Brazil

Mastercard Partners With Binance to Launch Prepaid Crypto Card in Brazil

Mastercard, the credit card giant, has partnered with Binance, the biggest crypto exchange in the world, to launch the Binance Card in Brazil. Dock, an institution regulated by Brazil’s central bank, is responsible for issuing the Binance Card.

Brazil is the ideal market for a crypto card; the country leads the world in crypto usage and adoption, with 49% of Brazilians making at least one crypto transaction in the past year.

The Binance Card is currently undergoing beta testing. It offers users real-time conversion from 14 different cryptocurrencies to fiat at the point of sale, along with other benefits. In the near future, any Binance user in Brazil with a valid national ID will be able to make crypto payments using this card.

About kuulvibes

A Vibrant Platform Poised in Delivering Trendy & Classy Vibes #teamKuulvibes ~ ...we vibb'n!

Check Also

3i Africa Summit 2024

Ghana to host 3i Africa summit 2024 on May 13

Ghana is set to host the maiden 3iAfrica Summit, a three-day event that aims to …

Leave a Reply

Your email address will not be published. Required fields are marked *