The new feature will allow new and existing AstroPay customers to pay in any store that accepts Mastercard.
AstroPay says the introduction of this new card signifies its strategic relationship with the global payments firm.
Users will be able to activate and use these prepaid Mastercard cards instantly and without charge.
These new prepaid cards will also come with additional perks for customers, including cashback and access to special features on the AstroPay platform.
Furthermore, customers can use the physical card to pay for products in-store or withdraw funds from an ATM. Payments can also be made online using AstroPay’s virtual version of the card.
Guillermo Dotta, CTO & Chief Product Officer of AstroPay, said: “When it comes to digital money and fintech, Brazil is one of the most advanced countries in the world, and the partnership with Mastercard honours our long-standing commitment to Brazilians to deliver the simplest solutions to handle money most securely and simply.
“As we keep on building a strong community of consumers, our focus remains to continue innovating to adapt and streamline payment solutions such as cards into our overall product offering to ensure that the needs of our users are not only met but exceeded.”
Thiago Dias, Fintech and Enablers Vice President, Mastercard Latin America and Caribbean, added: “As the partner of choice for fintech companies, Mastercard is pleased to work with AstroPay to provide innovative solutions that help advance financial inclusion while offering consumers with a seamless and secure experience.”
