MEXC Global Now Accepts MasterCard and Visa to Purchase Cryptocurrencies

Jul 04, 2022 04:01







MEXC Global stated that they open up opportunities for users in more than 180 countries, it is convenient and cheap to buy crypto assets worth up to 5 thousand dollars per transaction.
According to the head of the payments department of MEXC Global Anthony Guo, the solution is that they want to simplify and create a "connected user experience".

"By providing direct purchase of cryptocurrencies through Visa and MasterCard, MEXC Global provides its users with a faster, simpler and more connected experience, making it easier for users to convert fiat into crypto assets, which opens up the ownership of cryptocurrency to millions of people, where a bank card is the dominant means of transactions."

MEXC Global is actively opening more and more channels for fiat holders to purchase their favorite crypto assets using an easy-to-use and familiar payment method with which they are convenient. Despite the explosion of cryptocurrencies and blockchain ramps of payments and money transfers, Visa, MasterCard and other traditional payment options are used by fiat holders scattered around the world.

These payment systems have been improving their activities for many years. It is noteworthy that they have a more reliable global network of partners, primarily financial institutions. On the other hand, crypto solutions are still being developed and lagging behind. MEXC Global fills this gap by linking the crypto and fiat worlds to accelerate the adoption of digital assets. This, in particular, takes into account the huge cost advantages associated with digital asset infrastructure.

MEXC Global and its newfound partners, MasterCard and Visa, understand what is at stake. Now they are committed to stimulate the introduction of cryptocurrencies. While MEXC Global will increase its user base and Visa and MasterCard's revenue from fees, end users, on the other hand, can quickly move between fiat and crypto worlds without necessarily learning or familiarizing themselves with complex systems.

The partnership followed the successful launch of a Global Bank Transfer Program that allows MEXC Global customers in Europe and the United States to deposit and withdraw funds using SWIFT and FedWire networks. Users who buy cryptocurrency through the program also do not pay trading fees. MEXC Global has also launched an over-the-counter payment service and activated P2P trading. In addition, customers can use approved third-party portals such as Simplex and Banxa.

https://coin-signal.com/cryptonews/mexc-global-now-accepts-mastercard-and-visa-to-purchase-cryptocurrencies/
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