By Bitcoin.com - 1 ka tuig ang milabay - Oras sa Pagbasa: 2 ka minuto
Binance ug Mastercard Ilunsad ang Crypto Prepaid Card sa Brazil isip Bahin sa Latam Expansion
Nanguna nga crypto exchange Binance and credit card giant Mastercard have partnered to launch a prepaid crypto-linked card in Brazil as part of Binance’s expansion plans in Latam. The Binance card features 8% cashback for eligible purchases and supports on-the-fly conversion of 13 cryptocurrencies to make payments to local merchants.
Brazil Receives Binance Prepaid Card
Binance, a leading cryptocurrency exchange by volume traded, mipahibalo on Jan. 30 the launch of its Binance card in brazil, a product that will allow crypto users to make payments in crypto to legacy merchants. The card, which is backed by Mastercard, will enable registered customers of the exchange from all over Brazil to make crypto payments with 13 supported cryptocurrencies, including on-the-fly conversions to the Brazilian real.
The release of this product comes as no surprise to some, as Matthew Shroder, global vice president and regional director at Binance, adunay miingon sa Septiyembre nga ang Brazil mao ang usa sa mga nag-unang umaabot nga mga merkado alang sa paglusad sa usa ka prepaid card sa Latam.
Ang mga pagbayad nga gihimo gamit ang fiat currency gamit ang prepaid card walay bayad. Bisan pa, ang mga pagbayad nga naglambigit sa mga pagbag-o sa crypto-to-fiat adunay bayad nga 0.9%. Usab, ang kard adunay 8% nga cashback sa crypto nga magamit sa mga kwalipikado nga pagpalit.
This move is part of the efforts that the exchange is making to expand its footprint in Latam. Brazil is the second market in which the instrument will be launched. Binance gilusad usa ka susama nga produkto sa Argentina una, kaniadtong Agosto sa miaging tuig.
Pagdala sa Crypto ug Pagbayad nga Duol
Kay Binance, there is room for crypto to keep growing in the payments area, and being Brazil is one of the biggest payments hubs on the continent, the interest in bringing these services to the country is clear. About the goals that Binance wants to achieve, Guilherme Nazar, general manager at Binance for Brazil, stated:
Payments is one of the first and most obvious use cases for crypto, yet adoption has a lot of room to grow. We believe the Binance Card is a significant step in encouraging wider crypto use and global adoption, and the openness of Brazilians to innovation makes the country a great market for this release.
Gipatin-aw ni Nazar nga ang Brazil usa sa labing may kalabotan nga merkado alang sa pagbinayloay sa lugar, ug nga ang kompanya magpadayon nga mamuhunan sa pagdala sa mga bag-ong serbisyo ug pag-amot sa pagsagop sa blockchain ug crypto sa nasud.
Binance hopes to expand this product to more markets but did not make specific announcements on this matter.
What do you think about the launch of the Binance card in Brazil? Tell us in the comments section below.
Ang orihinal nga tinubdan: Bitcoin.com