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Mastercard and Island Pay Launch World’s First Central Bank Digital Currency-Linked Card

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Global paytech giant, Mastercard in partnership with Island Pay have launched the world’s first Central Bank Digital Currency-link card to further Simplify payment across the globe.

Bahamians can receive even greater flexibility in how they shop and pay using the country’s digital currency, the first of its kind.

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Under a new program from Mastercard and Island Pay, the Bahamas Sand Dollar prepaid card gives people the option to instantly convert the digital currency to traditional Bahamian dollars and pay for goods and services anywhere Mastercard is accepted on the Islands and around the world.

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