Paycoin to launch crypto-backed Mastercard on Apr. 30
PayProtocol, the company behind Paycoin, has revealed plans to launch its own Mastercard-powered debit card on Apr. 30.
According to an Apr.14 announcement posted on the company’s Medium page, the card will allow users to top up with crypto and spend at Mastercard merchants globally. The card will be created in partnership with Swiss neobank SR Saphirstein AG and will support Paycoin’s token PCI, Ethereum (ETH), and USD Coin (USDC).
With a monthly top-up limit of 1,000 Swiss Francs, Paycoin Mastercard can be used for online and offline payments and is compatible with Apple Pay and Google Pay. The card’s self-custody structure is one of its key features. It gives users total control over their assets while…
