24th of April 2019 - Tap n Go (TAP) has partnered with Transact Payments to provide the Tap Prepaid Mastercard® that will allow customers to convert Crypto Assets held with TAP for spending wherever Mastercard is accepted.
The TAP accounts with multiple crypto and fiat wallets will have access to real time crypto trading with numerous exchanges. Consumer assets are held securely in multi signatory “cold storage” wallets or electronic money client accounts.
Tap was granted a DLT licence in February 2020 by the Gibraltar Financial Services Commission.
Arsen Torosian, Founder of TAP, commented: “the launch of TAP has been in the making for a number of years and our partnership with TPL for our provision of the TAP Prepaid Mastercard was the final piece of our vision. We are delighted to have Transact Payments as our partner for this product”.
Kriya Patel, MD of Transact Payments commented: “We are delighted to be supporting the TAP Prepaid Mastercard project and look forward to continuing to work with such an initiative partner like TAP with the roll out of their in-demand solution”.
About Tap Global Ltd:
Tap Global Limited (TAP) is a Gibraltar based company providing clients with real time trading of crypto assets utilising multiple exchanges from one APP.
The multi crypto and Fiat wallet structure of TAP, coupled with bespoke designed proprietary middleware solution, allows TAP to facilitate trades efficiently and seamlessly.
The TAP Prepaid Mastercard (one of the first Crypto related programs to work with Mastercard) will allow our customers the ability to realise the value of their digital assets by exchanging them into traditional currencies for spending with merchants that accept Mastercard or to withdraw cash at ATMs in over 200 countries around the world.
For more information, please visit www.withtap.com/
About Transact Payments:
Transact Payments is a licensed UK and European e-money Institution providing payment solutions to partners across the world and from different industries and sectors.
Transact Payments is regulated and authorised by the Gibraltar Financial Services Commission and Malta Financial Services Authority is a Principal Member of both Mastercard® and Visa®, providing European BIN sponsorship and modular payment, debit, credit and prepaid services. Our licences have been successfully passported into UK, EU and EEA member states enabling the issuance of card programs across Europe.
We offer secure, flexible and innovative payment and card solutions.
For more information please visit www.transactpaymentsltd.com