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HomeNewsMastercard Approves Crypto Debit Card For Tap n Go

Mastercard Approves Crypto Debit Card For Tap n Go

Tap n Go (TAP) has partnered with Transact Payments Limited (TPL) to provide the Tap Prepaid Mastercard® that will allow customers to convert Crypto Assets held with TAP for spending wherever Mastercard is accepted.

Arsen Torosian CEO of TAP commented:

“The launch of TAP has been in the making for a number of years, our partnership with TPL for our provision of the TAP Prepaid Mastercard was the final piece of our vision. We are delighted to have TPL as our partner for this product”

Kriya Patel, MD of TNL commented:

“TPL are delighted to be supporting the TAP Prepaid Mastercard project and look forward to continuing to work with such an initiative partner like TAP with the roll out of their in-demand solution”.

The TAP accounts with multiple crypto and fiat wallets and will have access to real time crypto trading with numerous exchanges, all assets are held securely in multi signatory “cold storage” wallets or electronic money client accounts.

Tap n Go have applied to the Gibraltar Financial Services Commission for a DLT licence which is currently under review. They are a Gibraltar based company providing clients with real-time trading of crypto assets utilising multiple exchanges from one APP.

The TAP Prepaid Mastercard (one of the first to work with Mastercard) will allow customers the ability to realise the value of their digital assets by exchanging them into traditional currencies for spending with merchants that accept Mastercard or to withdraw cash at ATMs in over 200 countries around the world.

For more information please visit www.tap.global 

Transact Payments Limited (TPL) is a licensed European e-money Institution providing payment solutions to partners across the world and from different industries and sectors.

TPL is regulated and authorised by the Gibraltar Financial Services Commission and is a Principal Member of both Mastercard® and Visa® providing European BIN sponsorship and modular payment, debit, and prepaid services. Our licenses have been successfully Passported into EU and EEA member states enabling the issuance of prepaid card programs across Europe.

They offer secure, flexible and innovative payment and card solutions. For more information please visit www.transactpaymentsltd.com

Richard Kasteleinhttps://www.the-blockchain.com
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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