🟡 Revolution in Payments: Mastercard Launches Debit Card to Spend Bitcoin at Millions of Merchants
Mastercard, in collaboration with Mercury, a provider specialized in Bitcoin and cryptocurrency payments, has launched an innovative euro-denominated debit card that allows users to spend Bitcoin and other digital assets directly from non-custodial wallets. This development marks a significant step in integrating cryptocurrencies into traditional payment infrastructures, enabling European users to make payments at more than 100 million merchants in the Mastercard network without the need for intermediaries.
The key feature of this card is that users do not need to store their funds with third parties. Instead, they can link their non-custodial wallets, granting them greater control over their assets. With this new service, users no longer need to convert their cryptocurrencies into fiat currency beforehand, as the card handles real-time conversion during the transaction, offering a fast and efficient solution for spending digital assets.
This move by Mastercard highlights its commitment to integrating into the cryptocurrency ecosystem, offering nearly one billion customers across more than 210 countries a reliable and secure way to spend their digital assets. However, it is important to note that the card comes with some associated fees, which users should consider when evaluating the use of this new financial product.
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