Two popular exchanges in Latam, Ripio and Bitso, have announced the launch of cryptocurrency-enabled cards that will allow their customers to make purchases with their crypto savings
The Card Battle Heats Up in Latam, as Ripio and Bitso Both Announce Crypto-Enabled Cards
In the case of Ripio, the company teamed up with Visa to produce an internationally accepted prepaid card to sidestep the difficulties that credit analysis brings for customers wishing to access the instrument. The exchangethis product to be a catalyst for people to use more crypto in their everyday purchases and payments.
While the company did not announce the launch date, it did explain that there is already a long waitlist for this debit card. Vogel stated that the instrument is directed to aid the needs of its customers. He explained:
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