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Mastercard and Island Pay Launch World's First Central Bank Digital Currency-Linked Card


Press release content from Business Wire. The AP news staff was not involved in its creation.
Mastercard and Island Pay Launch World’s First Central Bank Digital Currency-Linked Card
February 17, 2021 GMT
PURCHASE, N.Y. & NASSAU, Bahamas (BUSINESS WIRE) Feb 17, 2021
Today, Bahamians received even greater flexibility in how they shop and pay using the country’s digital currency, the first of its kind. Under a new program from Mastercard and Island Pay, the Bahamas Sand Dollar prepaid card gives people the option to instantly convert the digital currency to traditional Bahamian dollars and pay for goods and services anywhere Mastercard is accepted on the Islands and around the world. ....

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