You are at: Home » MasterCard Denies PayCoin Partnership

MasterCard Denies PayCoin Partnership

Last updated on:
Fact Checker

On February 25th, 2015 Mr. Garza posted on the Hashtalk forums a screenshot of an email that he purports is the start of a partnership with MasterCard.

In multiple forum posts Mr. Garza would state in a thread title, I love good news in the morning

The posts from Mr. Garza implied a partnership had been verbally committed in regards to PayCoin. He would also clarify that it was Paycoin who had a deal with MasterCard.

Two members of the Coin Fire team reached out to MasterCard asking about the partnership and received a statement from Mr. Seth Eisen from the MasterCard Corporate and Public Affairs Communications department stating,

I want to clarify that MasterCard does not have a relationship with PayBase/PayCoin.

While Mr. Garza or his affiliates could potentially be working with a MasterCard branded bank for the debit card it however is not working directly with MasterCard as implied by Mr. Garza’s posts on the HashTalk forums.

Coin Fire is a cryptocurrency news site started on June 6th of 2014. The site focused on hard-hitting investigative stories. Coin Fire was acquired by 99Bitcoins on October 2015.

View all Posts by Coin Fire

Free Bitcoin Crash Course

Learn everything you need to know about Bitcoin in just 7 days. Daily videos sent straight to your inbox.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
We hate spam as much as you do. You can unsubscribe with one click.
We hate spam as much as you do. You can unsubscribe with one click.

27 comments on “MasterCard Denies PayCoin Partnership”

Leave a Comment

Your email address will not be published. Required fields are marked *

  1. I can’t believe dumb people still fall for obvious scams like Paycoin. If you fall for this scam you are really fucking stupid. It is ibvious that hashtalk is full of sockpuppet accounts made by Garza to pump his scam and a few dumb teenagers actually fell for this shit. It’s not too late to call the police and tell them you got scammed, even better if you are located in the same place Garza is , authorities would have jurusdiction there to arrest him.

  2. This is the least professional and worst thought out article I’ve read in the cryptonews world.. EVER. Not only is it a blatant attack on a specific currency, but the person referenced from MasterCard would NOT have knowledge of negotiations, nor would they be allowed to reveal details. As well.. BOTH responses fit fine with what Mr Garza has said.. there is NO CARD program… right they are in negotiations..
    This drivel is assinine

  3. I sincerely hope the email displayed from MasterCard is real as I work for MasterCard i will investigate this tomorrow morning…to use Mastercard logo in away that may damage the reputation of another company is something we will not tolerate

      1. And here is how Coinfire investigates, amazing!!! run run smoking gun, let see, now you have insider, OMG he works for MC.

Scroll to Top