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<p class="is-style-lead">Mastercard has expanded its footprint in the crypto payments space with a new crypto debit card that allows users to make direct purchases using non-custodial wallets.</p>
<p>According to an <a href="https://x.com/Mercuryo_io/status/1831679526818214075" target="_blank" rel="noopener noreferrer nofollow">announcement</a> on Sept. 5, European crypto holders can now spend Bitcoin (<a rel="noopener noreferrer nofollow" href="https://crypto.news/price/bitcoin/">BTC</a>) nd other digital assets stored in self-custodial wallets at millions of merchants within the Mastercard network. This means users can spend directly from their wallets without involving peer-to-peer risks or banks.</p>
<h2 class="wp-block-heading" id="mastercard-partners-with-mercuryo">Mastercard partners with Mercuryo</h2>
<p>The new debit card, called Spend, is a collaboration between Mastercard and Europe-based crypto payments provider Mercuryo. It enables Mastercard’s crypto support via a euro-denominated debit card, allowing users to pay for goods and services at over 100 million merchants.</p>
<p>While crypto payments have seen a major boost amid wider adoption worldwide, the integration with Mercuryo allows holders to use their self-custodial wallets to pay for goods and services at over 100 million merchants.</p>
<p>Spend is a big boost to the industry’s push for further adoption across traditional finance, and comes after Mastercard piloted a crypto debit card with MetaMask. The <a rel="noopener noreferrer nofollow" href="https://crypto.news/metamask-announces-crypto-debit-card-partnership-with-mastercard-and-baanx/">pilot program</a> took place in August.</p>
<p>Read more: <a rel="noopener noreferrer nofollow" href="https://crypto.news/metamask-tests-new-on-chain-payment-card-with-mastercard-network/"> MetaMask tests new on-chain payment card with Mastercard network </a></p>
<h2 class="wp-block-heading" id="fees-and-multi-chain-support">Fees and multi-chain support</h2>
<p>According to Mercuryo, Spend will offer multi-chain support, including Ethereum, Solana and Injective. The multi-chain support means users have the flexibility to purchase and pay with crypto across any of the supported chains·</p>
<p>The new card comes with notable fees, which includes a €1.6 issuance fee and €1 in monthly maintenance fee. Mercuryo will also charge card users a 0.95% withdrawal fee.</p>
<p>You might also like: <a rel="noopener noreferrer nofollow" href="https://crypto.news/best-crypto-debit-cards/"> Best crypto debit cards in 2024 </a></p>

Mastercard rolls out crypto debit card for non-custodial use in Europe

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