payment giant MasterCardcontinues to take steps that will positively affect the crypto world. With the new agreements, MasterCard is starting to offer crypto card services in the Asia Pacific region.
The firm has partnered with three different digital asset firms in the region that will allow their clients to convert crypto assets, primarily Bitcoin (BTC), to FIAT. Hong Kong’s crypto finance firm among the partnered companies Amber Group, Thailand’s crypto exchange Bitkub and Australia’s trading platform coinja is located.
Thanks to this partnership, companies will help both individuals and businesses issue debit, credit and prepaid cards. It is known that MasterCard’s move took place after the interest in crypto money increased in the region.
Asia Pacific A recent survey in the region revealed that 45% of consumers in the region plan to invest in digital assets next year, which is 5% above the global average and MasterCard aims to invest in it.
“As it always does, MasterCard, in collaboration with its partners, considers and delivers on the need for its customers to have more choice and flexibility by offering the stability, regulatory compliance and consumer protection of any digital currency.”
MasterCard Wants to Become a Leader in Crypto Asset Payments
When we went a few years ago, MasterCard did not favor payments with crypto assets and even blocked these payments. However, many things seem to have changed in the intervening time. MasterCard has not neglected the growing interest in cryptoassets and plans to make important deals in this regard, facilitating payments with cryptoassets.