{"id":69130,"date":"2022-10-26T14:18:26","date_gmt":"2022-10-26T11:18:26","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=69130"},"modified":"2025-09-07T18:08:14","modified_gmt":"2025-09-07T15:08:14","slug":"bitoasis-the-uae-based-cryptocurrency-exchange-to-launch-mastercard-debit-card","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitoasis-the-uae-based-cryptocurrency-exchange-to-launch-mastercard-debit-card\/","title":{"rendered":"BitOasis, the UAE-based cryptocurrency exchange, to launch Mastercard debit card"},"content":{"rendered":"<p>The UAE-based cryptocurrency exchange BitOasis has struck a deal with payments giant Mastercard to issue a crypto-linked debit card tied to accounts in 2023.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">We\u2019re pleased to announce a new partnership with <a href=\\\"https:\/\/twitter.com\/Mastercard?ref_src=twsrc%5Etfw\\\">@Mastercard<\/a> to launch crypto-linked cards! <br \/>The new payment method will accelerate <a href=\\\"https:\/\/twitter.com\/hashtag\/crypto?src=hash&#038;ref_src=twsrc%5Etfw\\\">#crypto<\/a> adoption in the region and enable you to make payments at over 90 million merchants across Mastercard\u2019s network! <a href=\\\"https:\/\/t.co\/ZXW7Lm94Dk\\\">pic.twitter.com\/ZXW7Lm94Dk<\/a><\/p>\n<p>\u2014 BitOasis (@bitoasis) <a href=\\\"https:\/\/twitter.com\/bitoasis\/status\/1584906307236253696?ref_src=twsrc%5Etfw\\\">October 25, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>BitOasis customers will be able to order both physical and virtual cards. They will be able to pay at 90 million merchants worldwide.<\/p>\n<p>Settlements will be in fiat through cryptocurrency conversion. Regarding cards, the provisions on dispute resolution and refunds will apply, which do not apply when paying with digital assets.<\/p>\n<p>Earlier in September, the Spanish-licensed trading platform EurocoinPay <a href=\"https:\/\/u1f987.com\/en\/news\/eurocoinpay-and-mastercard-to-issue-cryptocurrency-debit-cards\"> agreed<\/a> with Mastercard to issue a cryptocurrency debit card. Before that \u2014<a href=\"https:\/\/u1f987.com\/en\/news\/nexo-unveils-mastercard-backed-crypto-card-for-europe\"> Nexo<\/a>,<a href=\"https:\/\/u1f987.com\/en\/news\/gemini-and-mastercard-to-launch-crypto-cashback-credit-card\"> Gemini<\/a>,<a href=\"https:\/\/u1f987.com\/en\/news\/australian-digital-asset-exchange-coinjar-launches-mastercard-backed-cryptocurrency-card\"> CoinJar<\/a>,<a href=\"https:\/\/u1f987.com\/en\/news\/mastercard-to-launch-bitcoin-linked-cards-in-the-asia-pacific-region\"> Amber Group and Bitkub<\/a>.<\/p>\n<p>In January, the crypto exchange <a href=\"https:\/\/u1f987.com\/en\/news\/ftx-announces-plan-to-issue-a-visa-debit-card-and-opens-a-waitlist\"> FTX <\/a> announced the launch of a Visa debit card and opened a waitlist. Similar statements were made by <a href=\"https:\/\/u1f987.com\/en\/news\/robinhood-launches-debit-card-with-cryptocurrency-cashback\"> online broker Robinhood <\/a> and <a href=\"https:\/\/u1f987.com\/en\/news\/ledger-to-launch-visa-cryptocurrency-card\"> hardware-wallet maker Ledger <\/a>.<\/p>\n<p>Visa had previously approved the launch of such a payment solution by several companies, including <a href=\"https:\/\/u1f987.com\/en\/news\/binance-launches-pan-european-payment-card-with-cashback-in-bnb-tokens\"> Binance <\/a>, <a href=\"https:\/\/u1f987.com\/en\/news\/bakkt-launches-virtual-visa-debit-card-for-bitcoin-payments\"> Bakkt <\/a>, <a href=\"https:\/\/u1f987.com\/en\/news\/blockfi-launches-bitcoin-cashback-visa-card\"> BlockFi <\/a> and <a href=\"https:\/\/u1f987.com\/en\/news\/australian-startup-cryptospend-to-launch-debit-card-in-partnership-with-visa\"> CryptoSpend <\/a>.<\/p>\n<p>Read ForkLog&#8217;s bitcoin news in our <a href=\\\"\/\/telegram.me\/forklog\\u201d\\\" target=\\\"\\u201c_blank\\u201d\\\" rel=\\\"\\u201cnofollow\\u201d noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, rates and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The UAE-based cryptocurrency exchange BitOasis has struck a deal with payments giant Mastercard to issue a crypto-linked debit card tied to accounts in 2023.<\/p>\n","protected":false},"author":1,"featured_media":69131,"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":[1229,2253,70],"class_list":["post-69130","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-banks-and-fintech","tag-bitoasis","tag-mastercard"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/69130","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=69130"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/69130\/revisions"}],"predecessor-version":[{"id":69132,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/69130\/revisions\/69132"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/69131"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=69130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=69130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=69130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}