On Thursday, the Swiss based cryptocurrency debit card provider Monaco announced that their payments partner – Visa Inc, has approved the use of their Bitcoin pre-paid debit card for issuance to Singapore based residents. We have curated the relevant links to various sources below:
Visa is the world’s largest payment network and has approved this Monaco branded card issuance through its issuer Wirecard AG.
The Monaco card is now available for registration through their iOS or Android app which can be downloaded to a user’s smart phone. The app will require email and mobile number verification before the user is able to be placed in the queue to receive the card.
All Monaco crypto-currency prepaid debit cards have no monthly or annual fees with no minimum spend requirements. Instead, a card applicant is required to stake a certain amount of
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