Card

Two blockchain companies, Paymon and Cryptocean, have finalized a partnership to produce crypto debit cards.

Smart technology firm OraSaifu has announced a new payment product in the form of a multi-cryptocurrency hardware wallet secured by high-grade security. The digital card screen display wallet will be expected to hit global markets in mid-July 2018.

One day, it will be possible for all consumers to charge their purchased items on their charge card or credit cards using cryptocurrencies such as bitcoin. Mastercard won a patent on July 17 to bergh a method that would properly manage "fractional reserves of all blockchain currency." At this moment in time, all Mastercard bearers can only pay for items using official currency the government has announced as legal tender, said the Mastercard's Senior Vice President for communications, Seth Eisen.

Blockchain solutions provider MinexSystems has now announced that its much-anticipated MineyPay debit card is available for pre-order. The crypto-enabled debit card represents the simplest, quickest way to pay for everyday purchases with cryptocurrency, just as you would with a normal debit card.

The US Patent and Trademark Office (USPTO) has announced a patent application from Mastercard for a system and method that uses blockchain technology for payment card verification at the point-of-scale (PoS). Mastercard filed this patent in December 2016.

Back in 2017, cryptocurrency cards were all the rage. Touted as a solution for the limited cryptocurrency market, they promised a new age of crypto — we just had to wait for it. Well, it’s summer of 2018 now, and we are still waiting. Something has clearly gone wrong.

The city of Austin, Texas, is testing the use of blockchain technology as a potential solution to homeless identification problems.

The EXMO international cryptocurrency exchange has integrated a new payment instrument - Visa/MasterCard for instant depositing on the user’s EXMO account in fiat currencies without verification.

Cards and crypto don’t mix very well at the moment. There’s been a lot of trauma in the space but before looking at that and the solutions it requires, why does the crypto industry need credit or debit cards in the first place?