The world's first crypto-enabled payment card has been released by Mastercard and Nexo
The world's first crypto-enabled payment card |
The world's first payment card with crypto functionality should be released as a result of this collaboration.
At first, this card will be offered in a number of European nations.
MasterCard is the company that manages the payment infrastructure for these cards.
The cardholder will be able to utilize his crypto assets as collateral and spend up to 90% of the value of his crypto assets in fiat currency.
No commission is charged to the bearer when the volume of transactions with Nexo Card is up to €20,000 per month.
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