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Florida bank issues first US credit card for use in Cuba

June 15, 2016

Via: CNBC
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A small Florida bank will issue the first U.S. credit card intended for use in Cuba and make it easier for Americans to travel and work on an island largely cut off from the U.S. financial system, the bank announced Tuesday.

Pompano Beach-based Stonegate Bank said its Mastercard, available Wednesday, will let U.S. travelers charge purchases at state-run businesses and a handful of private ones, mostly high-end private restaurants equipped with point-of-sale devices.

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