Mastercard Launches Crypto Euro Debit Card
Mastercard, in partnership with Mercuryo, has released a new debit card called the **Mastercard Crypto Euro**. This card allows users to spend their cryptocurrency at over 100 million merchants across Europe, making crypto transactions more commonplace.
The card is designed for self-custody wallets, where users retain the private keys to their crypto assets. This makes transactions more secure and aligned with the fundamental principles of cryptocurrency.
Key Features
* **Spend cryptocurrency anywhere Mastercard is accepted**
* **Self-custody wallets for greater security**
* **Easy-to-use platform**
Fees
* **Card issuance fee:** €1.60
* **Monthly maintenance fee:** €1
* **Mercuryo transaction fee:** 0.95%
Mastercard and Mercuryo aim to simplify the use of cryptocurrency. Their partnership empowers users to manage their digital assets without intermediaries.
Expansion of the Cryptocurrency Ecosystem
This new crypto card for EU residents, alongside the integration of cryptocurrencies into Mastercard’s globally recognized payment system, signifies the collaboration with numerous crypto companies.
“Through our collaboration with Mercuryo, we are breaking down traditional barriers between blockchain and traditional payments, providing consumers who want to spend their digital assets with a simple, secure and reliable way to do so anywhere Mastercard is accepted,” said Christian Rau of Mastercard.
