2022-10-27
BitOasis, A middle East Focused cryptocurrency exchange based in the United Arab Emirates had signed a contract to be Mastercard’s partner which will provide varieties of crypto payment transactions. Hope to accelerate this process and will be accepted widely in the first quarter of 2023.
Besides, BitOasis’s Customers will be able
to use a digital token left in their crypto wallet to do payments and offer physical
and virtual cards linked to cryptocurrencies – before using this card to purchase
products and services in the Mastercard network based in the Middle East and
North Africa called MENA.
According to the digital token exchange process, BitOasis’s Customers
can link to their exchange accounts by making fiat payments suddenly in order to bring it to make payments
easily across 90 million global locations using their BitOasis Mastercard
Crypto Card.
At this time doing payment as a digital token and exchanging it to cash is so complicated, because most stores can’t agree with this condition, but currently, digital tokens can do paid for by BitOasis’s Mastercard as a fiat currency exchange.
Source link: Mastercard and The block
