Press Release
Press Release Today,Unbanked, a leading provider of white label cryptocard issuance and Unbanked, a leading provider of program management services, has announced a partnership with Mastercard to accelerate DeFi card issuance in Europe.
Mastercard and Unbanked have already established a foothold in the UK and Europe, strengthening relationships with three major Web companies and launching card programs focused on innovation in the payments space. Through this initiative, Unbanked and Mastercard are working to enable the issuance of cryptocurrency-based card programs focused on simplicity, security and consumer protection.
“Mastercard believes it is important to provide consumers and businesses with the payment and receiving options they prefer. This initiative with Unbanked is a testament to that. By accelerating the issuance of crypto cards and increasing the number of choices in the market, we know that our network has the safety, security and protection we expect.” Christian Rau, Senior Vice President of Fintech and Crypto Enablement at Mastercard Europe.
Unbanked is working with the Litecoin Foundation to provide provided the Litecoin card to U.S. residents for over two years. With this partnership between Unbanked and Mastercard, the Litecoin Card program will now also be offered to residents of the UK and Europe, reaching approximately 84% of the European population. Litecoin is one of the oldest and most widely used cryptocurrencies on a global scale and was specifically designed to provide fast, secure and low-cost payments, taking advantage of the unique properties of blockchain technology.
Charlie Lee, creator of the Litecoin, said, “The Litecoin community has been expecting to see when more countries will be able to use it, so everyone at the Litecoin Foundation is very pleased that the Litecoin card is expanding to UK and European residents We are very pleased to see the expansion of the Litecoin Card to UK and European residents.” “Unbanked has been a great partner in providing us withLTCpowered cards, a great partner in providing an LTCpowered card program in the US when others could not, and the Litecoin Foundation looks forward to working with them look forward to working with them to further expand access.”
The Unbanked platform supports many of the Web3 industry’s leading companies by enabling businesses to create custom branded experiences for their user base. White label card issuance, crypto wallets, bank accounts, and more can be configured via the Unbanked API and connected to the mobile or web interface Unbanked’s built-in compliance ensures that all partners achieve full compliance and verification and Unbanked’s built-in compliance ensures that all partners achieve full compliance and validation and protect users and payment systems.
Ian Kane, co-founder and co-CEO of Unbanked, said, “We are thrilled to be working with Mastercard to launch cryptocard programs in the UK, Europe and abroad.” Mastercard is very forward thinking about digital assets, so working with the Litecoin Foundation to enable consumers to use Litecoin in their everyday lives is a great accomplishment.”
About Unbanked
Unbanked is a global fintech solution built on the blockchain. With the philosophy that access to and control over finance is a fundamental human right, Unbanked connects traditional businesses, fintechs, and banking systems with blockchain infrastructure to expand the utility of cryptocurrencies for investments and everyday purchases. The company has a suite of highly tailored financial products that allow both the banked and unbanked to create a financial experience as unique as their lives. more information about Unbanked can be found atUnbanked.com
About Mastercard (NYSE: MA)
Mastercard is a global technology company in the payments industry. Our mission is to connect and drive an inclusive digital economy that benefits everyone everywhere by making transactions secure, simple, smart and accessible. Using secure data and networks, partnerships, and passion, our innovations and solutions help individuals, financial institutions, governments, and businesses reach their full potential. Our Decency Quotient (DQ) drives our culture and everything we do internally and externally, connecting us to over 210 countries and regions while building a sustainable world that unlocks invaluable potential for all.
About Litecoin Foundation
The Litecoin Foundation is a non-profit organization established to develop and promote cutting-edge blockchain technology and popularize Litecoin for society. Registered in Singapore, the Litecoin Foundation team consists of full-time and volunteer support from around the world. For more information, see https://litecoin.net.
This is a press release. Readers should exercise their own due diligence before taking any action related to the advertised company or its affiliates or services. or for any damage or loss caused or alleged to be caused, directly or indirectly.
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