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Home»Update»Bitso Card arrives in Mexico: What is the new Bitso debit card and how does it work?

Bitso Card arrives in Mexico: What is the new Bitso debit card and how does it work?

Qacz WillyBy Qacz WillyMarch 3, 2023No Comments2 Mins Read
Bitso Card arrives in Mexico: What is the new Bitso debit card and how does it work?
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Bitsoone of the platforms of cryptocurrencies recognized in Latin America announced the arrival of its debit card in Mexico, giving its customers the opportunity to pay for all kinds of products and services in more than 90 million stores affiliated with mastercard.

In November 2022, the exchange announced the launch of Bitso Card and later began a testing phase until the tool was perfected and brought to the market. According to the firm, there are already 100,000 people on the waiting list to be able to acquire it.

“One of our objectives as a company is to provide access to safe, easy-to-use and borderless financial products, so we are confident that the Bitso Card will be the gateway for many people to the digital economy of the future,” said Bárbara G. Briseño, general director of Bitso Mexico.

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According to the study New Payment Index carried out by Mastercard, 71% of Latin Americans want to use less cash to make their purchases. For this reason, Bitso opted for a product that could be used on a day-to-day basis and that was also recognized by as many points of sale as possible.

Today, consumers demand financial tools that reflect their lifestyle. Our collaboration with Bitso responds directly to this requirement; together we are promoting the evolution of the payment industry through technological innovations that guarantee fast, secure and efficient transactions for consumers”, added Mauricio Schwartzmann, Country Manager of Mastercard Mexico.

Bitso Card consists of a physical and digital card. In alliance with Mastercard, will give Mexicans the opportunity to pay for all kinds of products and services both in the country and abroad in more than 90 million affiliated stores around the world.

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By making use of the card, users will be able to pay in Mexican pesos and will also be able to access special benefits and rewards in different businesses such as uber, Free market, Cinépolis.

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