Binance And Mastercard To Launch Bitcoin Rewards Card In Argentina

Bitcoin Magazine

  • Binance is launching a bitcoin rewards card in Argentina.
  • The company is partnering with Mastercard and Credential Payments to provide market access and issue the card.
  • Users will enjoy 8% cashback on purchases and zero-fee ATM withdrawals.

Binance, one of the leading cryptocurrency exchanges, has partnered with Mastercard to launch a rewards card powered by bitcoin and other cryptocurrencies in Argentina, according to a press release.

Argentina will be the first country to gain access to Binance Card as the product is currently in a beta phase, but plans to aggressively expand in the near future are imminent. The card is issued by Credential Payments and will allow new and existing Binance users in Argentina with a national ID the ability to make purchases and pay bills with bitcoin by leveraging Mastercard’s network of over 90 million merchants worldwide.

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