The long-awaited launch of LitePay payment service did not take place on the appointed day because of the "hostile actions" of plastic card issuers. This is reported by Market Mogul.
Due to hostile actions by card issuers towards crypto companies, we have decided that offering LitePay card registrations at this time is imprudent.
LitePay Email Sent to Followers
The fact that the launch of LitePay should be held on February 26, it became known two weeks ago.
It is expected that the service will become an analogue of Bitpay for Litecoin and allow retail outlets to accept payment in the cryptocurrency, and for users will issue a card with which they can pay for purchases in the real world and even withdraw cash.
Litecoin negatively reacted to this news and fell by 2% in the last 24 hours, while the majority of large crypto-currencies show moderate growth.
LTC Price Chart
At the moment of press, these are main market parameters of LTC:
- Market Cap $12 094 416 450
- Average Price $218,31
- 24h Volume $1 064 740 000