Mastercard has expanded its support for cryptocurrency by partnering with Mercuryo, a European crypto payments infrastructure provider, to launch a euro-denominated crypto debit card. This new card allows users to spend cryptocurrencies like Bitcoin directly from their self-custodial wallets at over 100M merchants worldwide who accept Mastercard. Self-custodial wallets give
In order to test distributed ledger technology for financial settlements utilizing tokenization, Mastercard has partnered with major US banks including Citigroup, Visa, and JPMorgan. This collaboration between the payment processor and the banking titans is a test run in Regulated Settlement Network (RSN), a distributed ledger technology. Through RSN, it
The cryptocurrency effort of 1inch Network, an aggregator of decentralized exchanges (DEXs), includes the introduction of a Web3 crypto debit card. Baanx, a developer well-known for its crypto card technology, is collaborating on this initiative with the backing of Mastercard, a worldwide payments giant. The 1inch Card is a new
Mastercard, a payments behemoth, is collaborating with Swoo Pay, a mobile payments service that focuses on developing countries, to provide loyalty benefits in crypto. Major payment networks such as Visa and Mastercard have long allowed users to earn digital currencies as a kind of incentive, similar to loyalty points. Not
Financial services giant Mastercard has announced a new cooperation with AI startup Feedzai. Mastercard said the association intends to increase its capacity to recognize and avoid fraud channeled via cryptocurrency exchanges. The report claims that Feedzai will soon be directly connected with Mastercard’s CipherTrace Armada platform, a banking tool that
Bitunix, a prominent cryptocurrency derivatives exchange, has unveiled its latest feature that allows users to conveniently purchase cryptocurrencies using Visa and Mastercard credit cards directly on its platform. This integration aims to streamline the process of acquiring digital assets, making it more accessible to a wider audience. Bitunix Expands Payment
Mastercard, a leading global payment technology company, has made headlines with its recent filing of a trademark application related to the development of crypto and blockchain software. The move suggests Mastercard’s intention to explore and potentially harness the potential of cryptocurrencies and blockchain technology in its suite of financial services.
Alchemy Pay, the pioneering fiat-crypto payment gateway, recently announced their innovative new feature, the NFTCheckout, now available worldwide. According to Alchemy Pay’s tweet, the firm integrates seamlessly with the global payment giant Mastercard. This monumental update signifies a significant stride in bridging the gap between traditional payment methods and the
The Ethereum Killer Solana (SOL) climbed up to claim its spot among the top gainers of the day with a 3% price spike in the past 24 hours. Significantly, this bullish rally occurred after Solana’s partnership with the giant payment processor Mastercard. Post the announcement, SOL hit an intraday high
On the fine evening of April 28, Reuters reported that the cryptocurrency payment card program of Mastercard is about to expand indulging various crypto partnerships. Raj Dhamodharan, the head of crypto and blockchain stated that this decision is taken irrespective of closer scrutiny in the industry from the banks and
