The new offering will be available across all Crypto.com card tiers with up to 8% rewards on spending.
Mastercard announced on Dec. 4 that it had issued a license to Hong Kong-based cryptocurrency exchange Crypto.com to begin offering its pre-paid payments card services on the Mastercard network in the Gulf Cooperation Council (GCC) region, beginning with Bahrain in January of 2025.
According to a blog post from Mastercard, once issued, cardholders will be able to fund their accounts via the Crypto.com app using e-money wallets or third party-issued credit and debit cards.
The card will be offered across all five Crypto.com card tiers, including its top-level “Black Obsidian” offering, with rewards of up to 8% and card payouts in US dollars.