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virtual Mastercard

Nigerian crypto exchange Bitmama suspends virtual Mastercard service

ChainCatcher news, the Nigerian cryptocurrency exchange platform Bitmama has temporarily suspended its virtual Mastercard service. This move follows a trend of challenges faced by African fintech companies regarding card services, including exchange rate fluctuations, chargeback fraud, and insufficient funds. Some fintech companies like Bitmama and Chipper Cash continue to offer alternative card services.
2024-12-03
Nigeria
cryptocurrency exchange
Bitmama
virtual Mastercard
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