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BitPay Released Crypto-Backed Prepaid Mastercard

Dawn Wu

Summary: Bitcoin payment service provider BitPay lately launched a prepaid Mastercard for crypto users to change their cryptocurrency into fiat money and load it onto the card for consumption in the US. Cardholders can use the new Mastercard anywhere Mastercard debit is accepted and even withdraw USD from ATMs, per Cointelegraph.

Bitcoin payment service provider BitPay lately launched a prepaid Mastercard for crypto users to change their cryptocurrency into fiat money and load it onto the card for consumption in the US. Cardholders can use the new Mastercard anywhere Mastercard debit is accepted and even withdraw USD from ATMs, per Cointelegraph.

Stephen Pair, CEO of Bitpay, said, “BitPay is a payments company, therefore we are focused on giving people and companies an easy way to conduct commerce using crypto.”

By Dawn Wu

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