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Mastercard, SoFi, and Orbi Launch Crypto Card in Mexico

2 reports2 sourcesupdated 10 days ago

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AI digest

AI-assisted source synthesis · not an independent investigation.

On October 9, 2026, Mastercard and SoFi assisted Mexican fintech company Orbi in launching a cryptocurrency-linked card program. The card supports both physical and virtual cards, allowing users to spend fiat currency or cryptocurrency balances at checkout, while merchants continue to receive payment in fiat currency. SoFi will provide BIN Sponsorship, as well as card issuance, transaction authorization, payment processing, and compliance infrastructure. The program also plans to support future stablecoin payment scenarios. A follow-up report on October 10 stated that SoFi Tech Solutions, Orbi, and Mastercard had launched the card in Mexico, allowing Orbi customers to make purchases at Mastercard-accepting merchants, with crypto balances converted into fiat currency at the time of payment.

AI-written from reports · updated 10 days ago

Timeline

Follow the reporting to see the different sides of the story.

Oct 10
  1. Fintech News
    SoFi Tech Solutions, Orbi and Mastercard launch crypto-linked cards in Mexico

    SoFi Tech Solutions, Orbi and Mastercard announced the launch in Mexico of physical and virtual cards linked to cryptocurrency balances. Orbi customers can spend at merchants that accept Mastercard, with their crypto balances converted into fiat currency at the time of payment.

Oct 9
  1. PYMNTS
    Mastercard and SoFi help Orbi launch a co-branded cryptocurrency card program in Mexico

    Mastercard and SoFi are helping Mexican fintech company Orbi launch a cryptocurrency-linked card, allowing users to pay with fiat or crypto balances while merchants continue to receive fiat. SoFi will provide BIN Sponsorship as well as infrastructure for card issuance, transaction authorization, processing, and compliance. The program will also support future stablecoin payment use cases.