Bit2Me, a Spanish-based cryptocurrency exchange platform, has actually now revealed the launch of the Bit2Me Card, a Mastercard debit card that will enable payments in both cryptocurrencies and euros in all facilities that accept Mastercard.
Usage of the Bit2Me card will not be restricted to Spanish area. However, for the time being, it will just be released to Bit2Me users in the European Union.
In real-time, Bit2Me will transform cryptocurrencies into fiat cash, and Bit2Me users will have the ability to spend for their purchases with any of the 69 cryptocurrencies that the business uses on its exchange platform. Furthermore, prior to completion of the year, Bit2Me strategies to increase its offering of cryptocurrencies to 200.
This is a task in which Baldomero Falcones, who just recently signed up with Bit2Me as Senior Advisor, has actually played an essential function. Falcones was around the world Chairman of Mastercard in between 2002 and 2006, Chairman of FCC, and COO at Banco Santander. He is likewise co-founder of the VC company Magnum Industrial Partners.
“We are delighted to work hand in hand with Bit2Me to continue innovating and creating solutions in the world of payments, and we are sure that this product will be very well received both in Spain and in Europe.”
– Paloma Real, General Manager of Mastercard Spain
