- Tech startup Edge has just released the first confidential Bitcoin Mastercard.
- This card does not require any kind of KYC data. Also, there are no associated transaction fees.
- The card is digital or physical and will be loaded edge-up with immediate transfer.
San Diego-based startup corner We have released the first “Confidential” Bitcoin Mastercard that does not require the KYC (Know-Your-Customer) data used to collect identity-related information. publication From the company.
“The Edge Mastercard doesn’t have a name or address associated with it, which allows for completely private transactions when using the card,” said the company’s website. “We protect your privacy while complying with all the requirements of issuers, card associations, regulations, regional, federal and international law.”
Users who want to use the card will be prompted to activate the digital card within the Edge app simply by signing up for an Edge account. Your account will be given the option to fund your assets, users will be able to select Bitcoin, and your account will be funded instantly. If you want to use a physical card, you can also order within the app.
There are no charges associated with Confidential Edge Mastercard unless the customer chooses to purchase the physical card mentioned above. This will incur a one-time charge of $ 20. The card has a daily read and use limit of $ 1,000 and does not require a credit check through a third party client to access MasterCard.
Edge customers don’t even have to worry about “preloading” the funds to the card, as the funds will be sent as soon as the transfer is initialized. The card can now work in conjunction with Apple Pay and will work with Samsung and Google Pay in the near future.