Dash Partners With Tauros To Release The First Crypto Visa Debit Card In Latin America
Dash Partners With Tauros To Release The First Crypto Visa Debit Card In Latin America
August 5, 2020
Dash Partners With Tauros To Release The First Crypto Visa Debit Card In Latin America
Dash Partners With Tauros To Release The First Crypto Visa Debit Card In Latin America
August 5, 2020

Dash has partnered with Tauros, the Mexican-based cryptocurrency exchange, to release the first crypto Visa debit card in Latin America, as the offer will initially only be available to Taurus’ customers in Mexico.

It has been reported that the card will work at millions of stores in Mexico by converting crypto funds to pesos using the Tauros mobile app.

However, it will also be capable of conducting online transactions.

Ernesto Contreras, the Head of Business Development at Dash Core Group, provided more details about the new product, which is the first of its kind in the region.

He said:

“The Tauros card is a first in Mexico and the region, and it will also allow for a very easy way in and out of the Tauros ecosystem, which is very important as it adds massive usability to Dash users in the country. The fact that we are giving the opportunity for people to earn DashBack rewards with their card will also give a boost to the crypto ecosystem in Mexico as now anyone can use their pesos, and Hodl Dash.”

Likewise, he added that the recent need for contactless payments helped to accelerate the product offering, as he emphasized the necessity of social distancing, noting that this will be the “new normal after this pandemic.”

ALSO READ :  VeChain Foundation Announces Blockchain-Based Food Safety Solution To Make Food Safer

Salvador Melendez, the CEO of Tauros Exchange, believes that the crypto ecosystem in Mexico is interested in a way to spend crypto directly. He stated that “this new world is about freedom.” 

Thus, the Dash Core Group recently announced plans to release another update near the end of August.

Source: Cointelegraph | Image: Dash NewsRoom


Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.