In a strategic move to broaden its global footprint, PayProtocol, the entity behind Paycoin (PCI), has announced the upcoming launch of a Mastercard-powered crypto debit card, set to go live on April 30.
According to a statement shared on the company’s Medium page, the card—developed in collaboration with Swiss neobank SR Saphirstein AG—will enable users to top up using cryptocurrencies and make payments anywhere Mastercard is accepted. At launch, it will support multiple digital assets, including Paycoin’s native token PCI, Ethereum (ETH), and USD Coin (USDC).
With a monthly top-up limit capped at 1,000 Swiss Francs, the Paycoin Mastercard is built for online and offline transactions and integrates seamlessly with digital wallets like Apple Pay and Google Pay. One of its standout features is its self-custody model, giving users complete control over their funds while maintaining access to Mastercard’s vast global payment network.
Initially rolling out across the European Union and European Free Trade Association (EFTA) countries, PayProtocol says additional regions and token support will follow. The company emphasized PCI’s growing liquidity since its listing on Uniswap via the Arbitrum bridge, positioning it as a real-time settlement option within PayProtocol’s wider payment infrastructure.
Paycoin already has a stronghold in South Korea, where major franchises like 7-Eleven, Domino’s Pizza, and KFC accept PCI as payment. The Mastercard launch marks the firm’s first major push to replicate that success on a global scale—starting with Europe.
Following the announcement, PCI’s price jumped 5.7%, and daily trading volume surged by 900% to $7.8 million, according to Coingecko. While PCI still trades over 98% below its all-time high, the new card could catalyze broader adoption and renewed investor interest.
Meanwhile, Binance is deepening its push toward mainstream crypto adoption by partnering with Worldpay to support Apple Pay and Google Pay for crypto purchases through its fiat onramp.
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