According to TechFlow, Cointelegraph reported on September 5 that Mastercard has partnered with Mercuryo to launch a euro-denominated debit card. The card allows users to spend cryptocurrencies directly in non-custodial wallets at more than 100 million merchants that accept Mastercard.
Mastercard senior vice president Christian Rau said the collaboration aims to eliminate barriers between blockchain and traditional payments and provide consumers who want to use digital assets with a convenient, reliable and secure payment method.
The service will come with a fee of €1.60 for issuing the card, a €1 monthly maintenance fee, and a 0.95% withdrawal fee charged by Mercuryo.
