Crypto.com Partners with Mastercard to Launch Bahrain Card

Crypto.com Partners with Mastercard to Launch Card in Bahrain

Bahrain, December 4, 2024 — Crypto.com has officially obtained a primary license from Mastercard, allowing it to issue cards directly on the company's worldwide network. This big milestone will see Crypto.com launch a new card in Bahrain, supported by Mastercard.

The launch will take use of Mastercard's safe and scalable payments network, allowing Crypto.com cardholders to make transactions at over 150 million online and in-store locations globally. Users can quickly fund the cards via the Crypto.com app, which allows them to load funds from e-money wallets or third-party credit and debit cards.

The novel card offering will be offered across all five Crypto.com card tiers, including the Black Obsidian tier, which provides up to 8% rewards on spending. The cards will be denominated in USD, giving consumers more freedom and control over their cryptocurrency holdings.

“Were proud to partner with Mastercard, a global leader in payments, to launch our world-renowned prepaid card in Bahrain and beyond,” said Karl Mohan, General Manager APAC & MEA of Crypto.com. “This partnership allows us to offer more options to our customers, expand into new markets, and continue to prioritize security and compliance.”

Amnah Ajmal, Executive Vice President at Mastercard, commented, “We are excited to welcome Crypto.com as a Mastercard Principal Member. This collaboration offers a range of benefits, including access to Mastercards global network and advanced transaction security tools, ensuring a seamless and secure payment experience for Crypto.com users.”

This new initiative represents a watershed point in Crypto.com's worldwide development, allowing customers to spend their crypto assets in real-world circumstances while receiving safe and dependable payment services.

Final Thoughts

The relationship between Crypto.com and Mastercard enhances the company's commitment to offering consumers smooth, safe, and rewarding Bitcoin spending experiences. This collaboration not only broadens their worldwide reach but also assures customers can trust the platform's security and payment technology, paving the way for additional crypto-friendly payment alternatives in the future.