Bitstamp is one of the largest cryptocurrency exchanges in the world signed a partnership agreement with Masterpayment.
In a statement, Bitstamp from November 22, 2017, the company commented on their new partnership:
Masterpayment services are available for all four crypto currencies in which operations in almost 90 countries around the world, to accept debit and credit cards Visa and Mastercard.
At the moment Bitstamp offers to buy 4 cryptocurrencies: bitcoin, Litecoin, Ethereum and Ripple.
Bitstamp was founded in 2011 and 2016 and is located in Luxembourg and operates legally in all countries of the European Union, this trading on the cryptocurrency exchange are primarily in U.S. dollars.
The Commission is reduced almost by half
The fee per transaction is reduced, according Masterpayment, from the usual 8% Bitstamp to 5.
Last summer Masterpayment was absorbed by another well-known payment company – Net1 UEPS Technologies, Inc. Net1 provides payment services through its proprietary universal electronic payment system (UEPS). UEPS has primarily focused on non-banking groups and is a major player in Africa and Asia, and with the acquisition of Masterpayment Net1 plans to expand its activities in Europe. Net1 is listed on the NASDAQ, and is the first company to work with the cryptocurrency market.