A Bipa, cutting-edge platform that integrates Bitcoin, digital dollar and real in a single bank account, established a partnership with Mastercard to launch a credit card with cashback in Bitcoin and the Mastercard Touch Card design, introducing an accessible card standard for blind or visually impaired people, increasing security, inclusion and independence of Bipa cardholders in Brazil
The new Bipa card, one of the most recent innovations in the Brazilian financial market, offers cashback in Bitcoin on all purchases for customers. Furthermore, Bipa Turbo members have exclusive access to the feature of using their crypto assets as collateral to increase their credit limit, enabling daily transactions without the need to sell these digital assets
This launch represents a significant change for Bitcoin and digital dollar investors. With the Bipa card, users can make payments at any establishment that accepts Mastercard, using Bitcoin, digital dollar or real as collateral. Before this news, these assets often remained inactive in brokers or wallets. Now, can be used as collateral, adding more value and practicality to users' daily lives
According to a Mastercard survey, about 89% of Brazilians are willing to adopt new or unconventional payment methods. This innovation from Bipa offers a valuable alternative to traditional methods of using crypto assets, promoting greater flexibility and financial control for its users, affirms Luiz Parreira, CEO of the fintech
Bipa Card and Bipa Turbo
The Bipa card transforms the experience of using credit, offering attractive benefits for all customers. Besides the cashback, with the self-service feature, it is not necessary to have a pre-approved limit or make a deposit in reais to secure a credit limit. You just need to have Bitcoin or USDT to make purchases on credit, inclusive installments
It is worth noting that, when using self-service, the sale of Bitcoin or USDT occurs to execute the purchase on credit. Essa funcionalidade é opcional para todos os clientes e se diferencia da garantia em USDT/BTC do Bipa Turbo, that does not sell the assets. Thus, everyone has the flexibility to choose the best option according to their needs and strategies
The Bipa Turbo offers even more advantages, as it also allows the use of Bitcoin (BTC) or USDT as collateral to obtain a credit limit, it also offers double cashback. These exclusive features offer greater flexibility and financial optimization, becoming ideal for those looking to maximize gains and integrate cryptocurrencies into daily life
"By combining the power of Bitcoin and digital dollars with the practicality of credit", we are redefining the concept of financial flexibility and creating new possibilities for our users, scores Guilherme Kenworthy, CFO of Bipa
Bipa Mastercard Card also features an innovation in the design of the physical card: thefirst Touch Credit Card of Brazil. With an exclusive Mastercard engraving, the card allows blind or partially sighted people to easily identify that it is a credit card, just by touch. This innovation, developed by Mastercard, promotes more safety, inclusion and independence for blind people, as part of Mastercard's inclusion and accessibility initiatives
New Card Partnership
The new card is the result of a strategic collaboration between Bipa and Mastercard, global technology company in the payments sector. Together, we are combining Mastercard's global reach and technological expertise with Bipa's innovation and agility, to create a product that not only meets the needs of our customers, but also reshapes the payment market, affirms Luiz Parreira, CEO of the fintech
High demand and interest
Since the announcement of the partnership, more than 70 thousand users have already signed up for the waiting list to obtain the new credit card, highlighting the high demand and interest in the product
Availability and access
The Bipa credit card can be requested directly through the app, available for iOS and Android devices. This convenience offers a practical and innovative financial experience. The release of the card will be carried out following the order of the waiting line, but it is possible to speed up access by inviting friends and family to register on the Bipa platform. The more invitations are accepted, the faster the progress will be on the list
