Debit Cards Financial News

25.08 / 07:21

business Binance MasterCard Bitcoin Debit Cards end Mastercard and Binance end crypto card partnership in Latin America: Report

Global payment giant Mastercard is reportedly ending its cryptocurrency card partnership with Binance crypto exchange next month, according to a Bloomberg report. The report didn't divulge the reason for the change, but implied it might be due to increased regulatory scrutiny of the beleaguered crypto exchange.

17.10 / 10:43

Adoption Payments banking Bitcoin Debit Cards Low This new crypto debit card brings low fees and convenience to cryptocurrency payments

Cryptocurrencies offer several advantages to traditional money, including lower costs, faster transfers, and decentralized systems that do not collapse at a single point of failure. Despite these benefits, many people don’t consider digital currencies practical for everyday use. Moreover, the currently available crypto debit card solutions often require tedious transfers and incur high fees, making the process unfeasible for everyday users. Leading crypto exchange Bybit wants to change that, promising to make using cryptocurrencies more convenient and rewarding for users.

05.10 / 08:49

event Blockchain Adoption VISA Dubai Bitcoin Debit Cards Crypto cards facilitated $3B payment volume post 2021 exchange deals - Visa VP

The integration of conventional payment cards into cryptocurrency exchange offerings is playing a crucial role in driving adoption of digital assets, according to a VISA executive.

24.08 / 08:33

business Blockchain Binance regulation Bitcoin Debit Cards Binance to halt crypto debit card in Latin America and the Middle East

Cryptocurrency exchange Binance is going to suspend its crypto debit card services in Latin America and the Middle East starting from Aug. 25.

02.08 / 20:21

NFT Metaverse Debit Cards Lee Art, history and Bruce Lee in the metaverse, food brands use NFTs: Nifty Newsletter

In this week’s newsletter, read about why the food and beverage nonfungible token (NFT) market is set to exceed $2 billion by 2032, check out the Bruce Lee avatar that has made its way into the metaverse, and how the British Museum uses the virtual universe to teach world history. In other news, find out how NFT-styled debit cards can be the future of Web3, and don’t forget this week’s Nifty News, featuring Yuga Labs acquiring a metaverse studio.

03.07 / 18:17

Blockchain NFT layer2 FinTech Arbitrum Debit Cards This platform makes debit card transactions possible directly on Arbitrum

A revolution is unfolding in the world of global payments, led by the transformative power of layer-2 technology and serving traditional banking infrastructure, such as financial messaging and card payment networks. Working together, there is a shift in the fundamentals of financial interaction, using groundbreaking technical architecture to enhance security, efficiency and unrestricted access to the global financial network.

23.06 / 21:13

business Adoption regulation Wirex Debit Cards Wirex may suffer card outage in EEA due to UAB PayrNet licensing issue

Debit cards offered through crypto payment service Wirex may stop functioning in the European Economic Area (EEA), according to a June 23 email the company sent to some of its customers. The threat of stoppage was triggered by Lithuania’s central bank revoking the license of UAB PayrNet, Wirex’s card provider.

22.06 / 23:09

Blockchain Adoption VISA regulation European Union Debit Cards safe Cryptopay EU card provider loses license, company says card funds are safe

The European Union debit card provider for Cryptopay has lost its Electronic Money Institution (EMI) license, according to a June 22 email sent to its customers. The company recommends to EU cardholders that they should immediately spend or transfer funds from their cards. Funds held in the app’s accounts are safe, Cryptopay told Cointelegraph.

14.03 / 06:55

business Blockchain Binance wallet banking partnership Debit Cards Binance to lose its GBP on-and-off ramp provider in 9 weeks

Binance is scrambling to find a new service partner to process British Pound (GBP) transfers on its trading platform after its current partner, Skrill Limited announced it will soon cease providing services to the crypto exchange.

06.03 / 14:51

Ethereum Adoption credit cards Bitcoin Debit Cards Bybit introduces Mastercard-powered debit card days after halting USD transfers

Bybit is set to launch a new debit card offering that will allow users to make payments and withdraw cash using cryptocurrency holdings.

10.02 / 20:03

business Adoption MasterCard credit cards Debit Cards Bit2Me and Mastercard launch debit card with crypto cashback

The merger of Web2 and Web3 tools continues as crypto-backed debit cards become more mainstream.

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