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BitOasis inks deal with Mastercard to launch cryptolinked payment cards

BitOasis inks deal with Mastercard to launch cryptolinked payment cards

Cryptocurrency exchange BitOasis is partnering with Mastercard to offer customers crypto-linked payment cards.BitOasis will offer physical and virtual cards linked to their exchange accounts, according to a statement from the firm. The first cards are set to launch in early 2023. The crypto-linked payment cards will be available to BitOasis customers across the Middle East and North Africa (MENA). Final settlement will be fiat-based, per the announcement. Today’s announcement represents Mastercard’s latest crypto play, having partnered with crypto lender Nexo in April to offer a similar crypto-backed payment card.

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