{"id":73287,"date":"2023-01-30T18:36:50","date_gmt":"2023-01-30T16:36:50","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=73287"},"modified":"2025-09-09T13:18:52","modified_gmt":"2025-09-09T10:18:52","slug":"binance-to-launch-prepaid-mastercard-in-brazil","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/binance-to-launch-prepaid-mastercard-in-brazil\/","title":{"rendered":"Binance to launch prepaid Mastercard in Brazil"},"content":{"rendered":"<p>Binance, in partnership with payment giant Mastercard, will launch a prepaid card in Brazil. This was announced by the CEO of the cryptocurrency exchange, Changpeng Zhao.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The long awaited <a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&#038;ref_src=twsrc%5Etfw\">#Binance<\/a> Card now available in Brazil \ud83c\udde7\ud83c\uddf7<\/p>\n<p>3. Product &#038; Service.<a href=\"https:\/\/t.co\/T1vLuQZr4p\">https:\/\/t.co\/T1vLuQZr4p<\/a><\/p>\n<p>\u2014 CZ \ud83d\udd36 Binance (@cz_binance) <a href=\"https:\/\/twitter.com\/cz_binance\/status\/1620079821505327104?ref_src=twsrc%5Etfw\">January 30, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>At the moment, the product is in beta testing and will hit the market soon, according to a Binance spokesperson cited by <a href=\"https:\/\/www.coindesk.com\/business\/2023\/01\/30\/binance-partners-with-mastercard-to-launch-prepaid-crypto-card-in-brazil\/\">CoinDesk<\/a>.<\/p>\n<p>The card will allow purchases and payments in 13 digital assets, including Bitcoin, Ethereum and BUSD. Funds will be converted to fiat in real time at the moment of the transaction.<\/p>\n<p>The fee will be 0.9% per transaction and 0% for ATM withdrawals. Cardholders can expect crypto cashback of up to 8%.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cBrazil is an extremely important market for Binance, and we will continue investing in new services for local users, as well as contributing to the development of blockchain and the crypto ecosystem in the country,\u201d said the exchange&#8217;s regional head for Latin America, Guilherme Nazar.<\/p>\n<\/blockquote>\n<p>In October 2022, Binance <a href=\"https:\/\/u1f987.com\/en\/news\/binance-to-open-two-new-offices-in-brazil\">announced<\/a> the opening of two offices in Brazil to expand its activities in the country.<\/p>\n<p>Earlier, in December, Brazilian President Jair Bolsonaro <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-recognised-as-a-payment-method-in-brazil\">signed<\/a> a document designating Bitcoin as a payment instrument and an investment asset. The law will take effect in June 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance, in partnership with payment giant Mastercard, will launch a prepaid card in Brazil. This was announced by the CEO of the cryptocurrency exchange, Changpeng Zhao.<\/p>\n","protected":false},"author":1,"featured_media":73288,"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":[1229,744,1437],"class_list":["post-73287","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-banks-and-fintech","tag-binance","tag-brazil"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/73287","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=73287"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/73287\/revisions"}],"predecessor-version":[{"id":73289,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/73287\/revisions\/73289"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/73288"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=73287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=73287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=73287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}