The debit card allows users to spend crypto directly from their wallets. Non-custodial wallets allow crypto to be stored and spent without intermediaries. The card can be used at MasterCard's global network of over 100 million merchants.
According to Mercurio, MasterCard is collaborating with crypto payments provider Mercurio on a euro-denominated debit card called Spend that allows users to pay with crypto directly from their wallets. News release.
Such non-custodial wallets allow users to store their crypto without relying on centralized platforms like exchanges or banks.
The Spend Card can be used at MasterCard's over 100 million global network of merchants and integrates with both Apple Pay and Google Pay.
For crypto users, SpendCard provides a fast, cost-effective and globally accepted way to transfer and spend crypto directly from their wallets, bypassing the need for traditional intermediaries, the release said.
Mercurio claims that Spend is a multi-chain card, compatible with various blockchains including Ethereum, Solana, Injective, Near, ZKsync, Polkadot, TON and more.
This facility allows users to spend crypto assets across different chains.
Users can manage separate balances for their wallet and spend card, giving them more control over their funds.
According to the release, the cards also avoid additional charges and waiting times.
