DayOfCrypto
  • Home
No Result
View All Result
DayOfCrypto
No Result
View All Result
DayOfCrypto
Home Other
crypto-app-revolut-confirms-mastercard-on-board-for-2019-us-expansion

Crypto App Revolut Confirms MasterCard on Board for 2019 US Expansion

by Admin
October 22, 2019
in Other
286 6
0
Share on FacebookShare on Twitter

The banking app will begin serving U.S. customers before the beginning of next year, it says.

Cryptocurrency-friendly internet banking app Revolut plans to launch in the United States later this year, the company has confirmed.

MasterCard joins Visa support for Revolut

In a press release on Oct. 22, Revolut said its expanding partnership with MasterCard would allow it to enter the U.S. market by the end of 2019.

United Kingdom-based Revolut has offered consumers both Visa and MasterCard spending since its launch in 2015. 

In 2017, it began offering the exchange of three cryptocurrencies: Bitcoin (BTC), Ether (ETH) and Litecoin (LTC). This later increased to five with the addition of Bitcoin Cash (BCH) and XRP. 

Unlike its fiat product, however, the crypto exchange facility is not backed by the U.K.’s finance regulator. 

U.S. market “huge milestone”

It remains unclear whether Revolut will launch with the same cryptocurrency support as in its European market. Along with the U.S., executives plan to broaden the service’s reach to the Asia Pacific and South American markets.

“Launching in the U.S. will be a huge milestone for us, and we are delighted Mastercard will be our go-to-market partner,” founder and CEO, Nik Storonsky, commented in the press release.

Earlier this month, Revolut also confirmed that Visa would be a partner for its new markets.

Tags: MasterCardRevolut

Admin

About Us

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow Us

Popular Tag

Adoption Banks Binance Binance Coin Bitcoin Bitcoin Cash Bitcoin Price Bitcoin Regulation Bitcoin SV Blockchain Central Bank China Coinbase Crimes Cryptocurrencies Cryptocurrency Exchange EOS Ethereum Ethereum Price Facebook Germany Government Investments Japan Law Libra Litecoin Markets Market Update Mining Payments Regulation Ripple SEC Security South Korea Stablecoin Stellar Switzerland Tokens Tradings Transactions USA Wallet XRP

Recent News

Poloniex Review – Buy and sell cryptocurrencies, Bitcoin, Registration, Safety, Reference

Poloniex Review – Buy and sell cryptocurrencies, Bitcoin, Registration, Safety, Reference

November 8, 2020
Bitstamp Review – Buy and sell Bitcoin and cryptocurrencies, Registration, Safety, Reference

Bitstamp Review – Buy and sell Bitcoin and cryptocurrencies, Registration, Safety, Reference

November 8, 2020
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Go to mobile version
Skip to toolbar
  • About WordPress
    • WordPress.org
    • Documentation
    • Support
    • Feedback
  • Log In
  • AMP
    • View AMP version