After securing a principal license with Mastercard, Crypto.com customers will now have the ability to use their card at over 150 million locations worldwide, both in-store and online.
Crypto.com users can fund their cards via the app using e-money wallets or third-party credit and debit cards. This service will be available across all five tiers of Crypto.com cards, including Black Obsidian, which offers rewards of up to 8% on spending, calculated in USD.
Karl Mohan, General Manager for APAC and MEA at Crypto.com, expressed pride in partnering with Mastercard, a leader in the payments industry. He highlighted their recent Payment Service Provider license from the Central Bank of Bahrain, which enables the launch of their renowned prepaid card for users in Bahrain and beyond. Mohan emphasized Mastercard’s support for the digital assets industry, noting the tailored card program that allows Crypto.com to expand its offerings into new markets while maintaining high levels of security and compliance.
Amnah Ajmal, Executive Vice President of Market Development for EEMEA at Mastercard, stated her enthusiasm in welcoming Crypto.com as a Principal Member. The program provides extensive benefits beyond just the issuance of Mastercards. Crypto.com will now benefit from Mastercard’s global network, enabling transactions wherever Mastercard is accepted, along with access to innovative payment solutions and advanced tools for transaction security and fraud protection.