Abra partners up with Simplex to allows users to purchase cryptocurrencies using Visa and MasterCard
Abra, a U.S.-based technology company that offers peer-to-peer mobile payment and cryptocurrency investing/trading services, has recently announced, via their official blog, that their users now could purchase cryptocurrencies using their Visa and MasterCard credit and debit cards.
"Up until now, Abra users have been able to fund their wallets using a lot of different methods, including bank and wire transfers, or by transferring bitcoin or litecoin purchased elsewhere. Additionally, users based in the US have been able to make bitcoin credit card purchases using American Express." the official announcement read.
"All of those options are still available, but now users will also be able to use a VISA or MasterCard credit or debit card to make bitcoin purchases too thanks to a new partnership with Simplex."
According to the statement, user can purchase up to $20,000 worth of bitcoin in a single transaction.
Author
Eren Sengezer
FXStreet
As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.
