CoinJar Partners with Mastercard, Allowing You to Spend Your Crypto Like Cash

Sophia Cruz•Tuesday, August 3, 2021•1 min read

CoinJar Partnered with Mastercard to Let You Spend Your Crypto Like Cash

Today, Australia’s long-established crypto exchange announced the launch of its first crypto Mastercard, in partnership with EML Payment Solutions. CoinJar’s reappearance project, a fully-featured Mastercard, will allow you to spend your digital currencies like cash, either online or at any physical store. A feature, that lets you spend your crypto spontaneously and securely through its digital wallet, has now been integrated.

A piece of great comeback news for CoinJar, after moving their HQ from Melbourne to London in 2014, in order to save its clients massive amounts of taxes (GST). CoinJar allows its users to do more with their crypto coins, as it offers various features, like a crypto wallet, exchange and swipe.

CoinJar users can get their crypto Mastercard via the company’s mobile app, through digital or physical cards with integrated Apple Pay and Google Pay. This includes the new terms of service and complaint process, which include the CoinJar crypto card policy. The card is accepted anywhere that Mastercard is available, which is a big advantage, as this payment giant is present everywhere in the world. Other benefits it offers are no ongoing fees, and the 1% conversion rate is also returned to the users or customers. According to an officially released report, the crypto card supports 30 cryptocurrencies, including major coins, such as ETH, BTC and XRP.

Mastercard has been known to put its best foot forward to bring crypto services to its other services across the globe. The partnership with CoinJar has been the latest one, which has followed the implementation of various crypto programs to widen its range. In conclusion, the CoinJar crypto card was developed to entice new users with its attractive rewards and to rapidly widen its reach, using digital assets across Australia.

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ABOUT THE AUTHOR See More

Sophia Cruz

Financial Writer - Asian & European Desks

Sophia is an experienced writer, reporter and newsdesk member, mostly on the financial sectors. For the past 5 years Sophia has covered a wide variety of topics such as the financial markets, economics, technology, fin-tech and trading. Sophia has been a part of the FX Leaders team since 2017 and works on producing valuable content and information for traders of all levels of experience.