Bitfinex partnered with Tap Global to develop the cryptocurrency mastercard credit card
BlockBeats, January 25, Finance Feeds reports that fintech company Tap Global has entered into a partnership with Bitfinex and has become the first customer for a "card as a service" (CAAS) B2B product.
Tap's cloud-based offering enables Bitfinex to offer prepaid mastercard to its users. The card also offers exclusive offers for specific merchants and no annual fee. With mastercard, Bitfinex's European users can instantly convert cryptocurrencies into euros, which can be used anywhere mastercard is accepted.