{"id":45128,"date":"2023-02-10T17:03:20","date_gmt":"2023-02-10T21:03:20","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=45128"},"modified":"2023-02-10T17:03:24","modified_gmt":"2023-02-10T21:03:24","slug":"bit2me-mastercard-introduce-9-cashback-debit-card","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/bit2me-mastercard-introduce-9-cashback-debit-card\/","title":{"rendered":"Bit2Me, Mastercard introduce 9% Cashback Debit Card"},"content":{"rendered":"\n

The biggest cryptocurrency exchange in Spain<\/a>, Bit2Me, launched its new cashback debit card in a cooperation with Mastercard on February 10.<\/p>\n\n\n\n

\"Bit2Me,
Bit2Me, Mastercard introduce 9% Cashback Debit Card<\/figcaption><\/figure>\n\n\n\n

The new debit card draws on the technology used in the Bit2Me crypto card already in existence, but this time, cardholders are qualified for up to 9% cryptocurrency payback.<\/p>\n\n\n\n

The Mastercard network<\/a>, which is home to millions of businesses worldwide, is how the original Bit2Me card functions for its customers. With this new upgrade, users can now receive up to 9% cryptocurrency cashback on all online and in-store transactions made with the card.<\/p>\n\n\n\n

According to Bit2Me's CEO and co-founder Leif Ferreira, using well-known Web2 financial mechanisms like debit and credit cards will help spread awareness of this “revolutionary” technology.<\/p>\n\n\n\n

\n

“[The] goal is that any user from anywhere in the world has easy access to the limitless world of Web3 financial services, at the touch of a button” <\/p>\n<\/blockquote>\n\n\n\n

Eight cryptocurrencies are supported by the card and wallet, including the stablecoin Tether (USDT $1.00), Cardano (ADA $0.361), Ethereum (ETH $1,526), Ripple (XRP $0.38), Solana (SOL $21), and Polkadot (DOT $6.22).<\/p>\n\n\n\n

According to reports, the corporation intends to offer more currencies all year long. Users can currently access Bit2Me in 69 different nations. However, only the virtual form of the card is available to users in the European Economic Area\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> (EEA).<\/p>\n\n\n\n

Since initially announcing in 2021 that it will provide services globally, Bit2Me has been considering service expansion. Back in July, after 100,000 barred cryptocurrency investors were kicked off the now-defunct local Spanish trading platform 2gether, the exchange jumped at the chance to let them join its platform.<\/p>\n\n\n\n

Mastercard has been engaged in the Web3 arena, introducing new services and opportunities for users and clients. In the past year, it has selected at least seven blockchain and cryptocurrency firms to participate in its fintech accelerator program.<\/p>\n\n\n\n

A Web3 musician accelerator program<\/a>, concentrating on the meeting point of the music industry and cutting-edge technologies, was also launched by the company in collaboration with Polygon.<\/p>\n\n\n\n

Mastercard and Binance launched a new partnership on January 31 in order to introduce their second prepaid crypto card in Latin America.<\/p>\n","protected":false},"excerpt":{"rendered":"

The biggest cryptocurrency exchange in Spain, Bit2Me, launched its new cashback debit card in a cooperation with Mastercard on February 10. The new debit card draws on the technology used in the Bit2Me crypto card already in existence, but this time, cardholders are qualified for up to 9% cryptocurrency payback. The Mastercard network, which is […]<\/p>\n","protected":false},"author":43,"featured_media":45131,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[13347],"class_list":["post-45128","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bit2me-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/02\/croc_1676060567712.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/45128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=45128"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/45128\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/45131"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=45128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=45128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=45128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}