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Bitso Launches Prepaid Mastercard In Mexico

Milestone Date: March 2, 2023


Bitso, a leading cryptocurrency exchange serving Latin America, has turned to Mastercard to launch a cryptocurrency-driven prepaid debit card in Mexico.

In this Story
Bitso CardBitso Card

The “Bitso Card” works like a regular debit card and allows users to pay for everyday purchases with their cryptocurrency, like shopping at the market or paying for a restaurant bill. Card holders can also access special promos, like cashback and discounts, from select merchants.

Bitso started with its crypto exchange services in Mexico and has expanded them to Argentina, Brazil and Colombia. It has gained more than 6 million users and 1,500 institutional clients.

This is another example of how Mastercard is involved in blurring the lines between debit cards and crypto in various global geographies. In January, Binance launched a crypto-based prepaid Mastercard in Brazil.

By Elizabeth Morrison

Published:March 2, 2023


Press Release

Latin American Crypto Exchange Bitso and Mastercard Launch Debit Card in Mexico


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