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MetaMask’s New Crypto Debit Card with Mastercard Rolls Out in EU and UK

DATE POSTED:August 15, 2024

MetaMask, a Web3 wallet known for enabling users to self-control their digital assets, has launched a debit card in collaboration with Mastercard and Baanx.

The newly introduced MetaMask Card enables users in the EU and UK to convert cryptocurrency directly from their wallets and use it for everyday transactions.

How MetaMask Card Bridge the Gap Between Traditional Finance and Self-Custody

According to the official statement, the pilot phase of the MetaMask Card began on August 14. The initial rollout is limited to a select group of users in the EU and UK. Interested users can check their eligibility by accessing the MetaMask Portfolio online.

As the pilot advances, the program is expected to expand. Additional features and regional availability are planned for later this year.

This partnership leverages each company’s strengths — Mastercard’s extensive payment network, Metamask’s focus on user security, and Baanx’s expertise in financial technology. The MetaMask Card will support its transactions using Linea, an Ethereum-based network. Consensys, Metamask’s parent company, said this network will ensure transactions’ speed and efficiency.

Read more: Top 8 Crypto Debit Cards in Europe

Introducing MetaMask Card: The world’s first Mastercard debit card that enables instant spending directly from your self-custody wallet. We’ve teamed up with @Mastercard and @BaanxGroup to bridge the gap between crypto and daily life.

With MetaMask Card, every day can be crypto…

— MetaMask     </div>
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