China’s UnionPay and Korea’s Danal to launch crypto-supporting digital card

Major financial services corporation China UnionPay, an analog to card providers like Visa and Mastercard, has partnered with the South Korean payment provider Danal to launch a cryptocurrency-supporting digital card, Cointelegraph reports.

Danal’s crypto wallet Paycoin, and its crypto token of the same name, will be the interface for the new, prepaid mobile card. Paycoin has indicated that users will be able to use the card, and Paycoin, to pay for goods and services at over 30 million UnionPay merchants across 179 countries and regions. 

Read more: Cointelegraph