"Not a name, not a phone number, not an email address," Edge Co-founder and CEO Paul Puey tells Decrypt. "Definitely not your actual address, nothing. You can create a virtual card in around 15 seconds inside of Edge."
"I've known a handful of people that are unbanked; they simply cannot get a bank account for whatever reason," Puey says.
At launch, the Edge Mastercard will have a daily spend limit of $1,000 and can be used with Apple Pay with Samsung and Google Pay coming later. The option to order a physical card for $20 is coming later this month.
To fund their account, Edge customers sell their Bitcoin inside their wallet and send the USD to their Edge Mastercard to make purchases instead of sending the funds to a bank account.
Here's another article on this announcement:
Users can input any name under the "billing address" fields, as long as it agrees with the shipping address, the statement said.
Edge Mastercard is "in compliance with all requirements for issuers, card associations, regulations, local, federal and international laws," according to the press release.
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