Unbanked and Mastercard Partner to Accelerate Crypto Card Adoption Across Web3 Organizations in Europe – Bitcoin Planet Press Release

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Press release

PRESS RELEASE. Today it was announced that Unbanked, the leading provider of crypto card issuance and white label program management services for Web3 businesses, has partnered with Mastercard, to accelerate card issuance DeFi in Europe.

Mastercard and Unbanked have already established a presence in the UK and Europe and have cemented their relationships with leading Web3 organizations to launch card programs focused on payments innovation. Through this initiative, Unbanked and Mastercard are committed to enabling the issuance of cryptocurrency-powered card programs focused on simplicity, security, and consumer protection.

“At Mastercard, we believe in giving consumers and businesses choice about how they want to pay and get paid. This initiative with Unbanked is a testament to that as we strive to accelerate the issuance of crypto cards and provide choice in the marketplace, knowing that it comes with the safety, security and protections they expect from our network.Christian Rau, Senior Vice President Fintech and Crypto Enablement for Mastercard Europe .

Unbanked has been working with the Litecoin Foundation to bring the Litecoin Card to US residents for over two years. With the Unbanked and Mastercard partnership, the Litecoin Card program will be made available to residents of the UK and Europe, reaching approximately 84% of the European population. Litecoin is one of the oldest and most widely used cryptocurrencies globally, and was specifically designed to provide fast, secure, and low-cost payments by taking advantage of the unique properties of blockchain technology.

“There has been a lot of anticipation from the Litecoin community about the availability of more countries, so everyone at the Litecoin Foundation is very excited about this extension of the Litecoin Card to residents of the UK and Europe,” said Charlie Lee, creator of Litecoin. “Unbanked has been a fantastic partner in building an LTC powered card program in the US when others were unable to and the Litecoin Foundation looks forward to working with them to expand further. more access.”

The Unbanked platform supports many of the biggest players in the Web3 industry by allowing businesses to create a custom branded experience for their user base. White-label card issuance, crypto wallets, bank accounts, etc. can be configured through the Unbanked API and connected to a mobile or web interface. Unbanked’s built-in compliance ensures that all partners achieve full compliance and validation, securing their users and payment system.

“I am delighted to be working with Mastercard to open crypto card programs in the UK, Europe and overseas,” said Ian Kane, co-founder and co-CEO of Unbanked. “Mastercard has been very pioneering when it comes to digital assets, so bringing them together with the Litecoin Foundation so that consumers have the ability to use Litecoin in their daily lives is a great achievement.”

About Unbanked

Unbanked is a global blockchain-based fintech solution. Based on the ethos that financial access and control is a basic human right, Unbanked connects traditional businesses, fintech and banking systems to blockchain infrastructure, expanding the usefulness of cryptocurrency for daily investments and purchases. The company offers a suite of highly personalized financial products that allow the banked, unbanked and underbanked to create a financial experience as unique as the life they live. You can learn more about Unbanked at Unbanked.com.

About Mastercard (NYSE: MA)

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside our company. With connections in more than 210 countries and territories, we are building a sustainable world that unlocks invaluable opportunity for all.

About the Litecoin Foundation

The Litecoin Foundation is a nonprofit organization founded to promote Litecoin for the good of society, by developing and promoting cutting-edge blockchain technologies. Registered in Singapore, the Litecoin Foundation team consists of full-time support and volunteers from around the world. For more information, visit https://litecoin.net.

This is a press release. Readers should exercise due diligence before taking any action related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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