{"id":52554,"date":"2021-11-09T11:35:40","date_gmt":"2021-11-09T09:35:40","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=52554"},"modified":"2025-09-03T10:49:01","modified_gmt":"2025-09-03T07:49:01","slug":"mastercard-to-launch-bitcoin-linked-cards-in-the-asia-pacific-region","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/mastercard-to-launch-bitcoin-linked-cards-in-the-asia-pacific-region\/","title":{"rendered":"Mastercard to launch bitcoin-linked cards in the Asia-Pacific region"},"content":{"rendered":"<p>Mastercard <a href=\"https:\/\/www.mastercard.com\/news\/ap\/en\/newsroom\/press-releases\/en\/2021\/november\/mastercard-partners-with-leading-digital-currency-companies-across-asia-pacific-to-launch-the-region-s-first-crypto-linked-payment-cards\/\">will launch<\/a> debit, credit and prepaid payment cards linked to bitcoin in the Asia-Pacific region. They will allow businesses and consumers to pay for purchases with cryptocurrency.<\/p>\n<p>The initiative&#8217;s Mastercard Crypto Card partners are the Hong Kong startup Aber Group, cryptocurrency exchanges <a href=\"https:\/\/u1f987.com\/en\/news\/australian-digital-asset-exchange-coinjar-launches-mastercard-backed-cryptocurrency-card\">CoinJar<\/a> and Bitkub from Australia and Thailand respectively.<\/p>\n<p>The program is designed to lower entry barriers, streamline the onboarding process and provide access to fintech experts.<\/p>\n<p>The offering entails instantaneous conversion of digital assets into fiat at the moment of payment.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;As interest and attention to cryptocurrencies grow, use cases go beyond speculation. We will provide greater choice and payment options,&#8221;<\/em> said Rama Shridhar, Executive Vice President of Mastercard for Digital Partnerships in the Asia-Pacific region.<\/p>\n<\/blockquote>\n<p>In July, Mastercard <a href=\"https:\/\/u1f987.com\/en\/news\/mastercard-to-simplify-crypto-to-fiat-conversion\">expanded<\/a> the card program for crypto firms to simplify the conversion of digital assets into fiat.<\/p>\n<p>A spring survey conducted by the payment system <a href=\"https:\/\/u1f987.com\/en\/news\/survey-finds-40-of-mastercard-customers-plan-to-use-cryptocurrencies\">showed<\/a> that four in ten of its clients planned to use digital currencies in 2022.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mastercard will launch debit, credit and prepaid cards linked to bitcoin in the Asia-Pacific region. They will allow businesses and consumers to pay for purchases with cryptocurrency.<\/p>\n","protected":false},"author":1,"featured_media":52555,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[871,1229,1269,70],"class_list":["post-52554","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-asia","tag-banks-and-fintech","tag-cryptocurrencies","tag-mastercard"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=52554"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52554\/revisions"}],"predecessor-version":[{"id":52556,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52554\/revisions\/52556"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/52555"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=52554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=52554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=52554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}