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Tauros and Visa to launch debit card with crypto cashbacks

Monday 10 August 2020 12:46 CET | News

Mexico-based fintech Tauros and Visa have struck a partnership aimed to launch a debit card with crypto cashbacks.

Through the Tauros e-wallet, users convert cryptos into Mexican pesos and those are the funds that serve to complete the transaction with the corresponding merchant. It’s not a straightforward process per se, but it is a way of pushing for faster cryptocurreny adoption within a market that’s been growing keen on cryptos, says contxto.com.

Tauros combined this with an individual partnership with ecommerce payments system Dash, which has been a key partner for Tauros in promoting cryptocurrency adoption throughout Mexico. Now through this debit card, it has a better chance to get more people on board with its tokens, the press release said.




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Keywords: Tauros, Visa, debit card, e-wallet, cards, payments, Mexico, crypto payments, Mexican pesos, Dash, ecommerce payments system, Latin America, LATAM
Categories: Payments & Commerce | Cards
Countries: Mexico
This article is part of category

Payments & Commerce