Mastercard, the global payments giant and card network of “choice”, is collaborating with Binance, the cryptocurrency custodian and exchange, to launch a prepaid card called Binance Card. The new offering is set to debut in Argentina. Users will be able to make purchases with a Binance Card at more than 90 million Mastercard-accepting merchant locations worldwide. Since it will convert cryptocurrency to fiat in real-time during purchases, the service will guarantee smooth transfers. Additionally, users will be able to earn up to 8% in cryptocurrency rewards on specific transactions and take advantage of free ATM withdrawals.
Pre-Paid ‘Binance Card’ to Be Used at Over 90M Mastercard Merchants Worldwide