Crypto news (07/22/2020)

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Mastercard Accelerates Cryptocurrency Program For Cryptocurrency Issuers

Mastercard announced the expansion of its cryptocurrency program, inviting cryptocurrency firms to join their acceleration program.
The partnership makes it easier and faster for the parties involved to bring safe and appropriate payment cards to market.

Wirex became the first proprietary cryptocurrency platform to receive a Mastercard core membership, allowing it to issue payment cards directly. It makes it easier for people to buy, store and exchange multiple traditional and cryptocurrencies. Users will also benefit from Wirex’s CryptobackTM Rewards Program, which automatically refunds customers up to 1.5% in Bitcoin for every purchase made in the store.
The company plans to launch a new generation of Wirex cards this year for customers in Europe with features that include additional currencies and free international ATM withdrawals. Wirex also plans to start issuing corporate cards for Wirex Business customers.