Mastercard Seeks to Expand Crypto Card Tie-ups
Mastercard is to expand its cryptocurrency payment card program by seeking out further partnerships with cryptocurrency companies. Despite recent regulatory scrutiny of banks and the cryptocurrency industry, the action is being taken. Raj Dhamodharan, Mastercard’s head of crypto and blockchain stated that the expansion plans were driven by the aim to provide people with secure […]
Bybit sets to launch Mastercard debit card
Days after halting USD transfers on its platform, Bybit is set to introduce Mastercard-powered debit cards that will let customers utilize their cryptocurrency holdings to make purchases of goods and services and also to withdraw cash. When used to make purchases of goods and services, the Bybit Card will utilize the Mastercard network to enable […]
7 blockchain firms join Mastercard crypto accelerator program
Mastercard continues to assist blockchain and cryptocurrency businesses as it adds 7 new blockchains to the Mastercard Start Path program. In order to encourage the adoption of cryptocurrency and blockchain technologies, Mastercard has selected seven additional sector companies for its Start Path initiative, the company said on Nov. 3. The new group of businesses includes […]
Mastercard Partners With Paxos To Improve Crypto Trading Services
The payments giant Mastercard had started a service to figure out how risky crypto exchanges were before. CNBC reported on Monday that payments giant Mastercard (MA) has teamed up with cryptocurrency trading platform Paxos to offer a program that will help banks offer cryptocurrency trading. The report says that Mastercard will make sure that banks […]
Mastercard releases new tool to prevent cryptocurrency fraud
The latest offering from Mastercard enables financial institutions to identify and stop fraud on its network’s crypto merchant platforms. On October 3, the financial services company Mastercard introduced a brand-new crypto solution pertaining to risk administration. The goal of Mastercard’s new service, Crypto Secure, is to assist banks in identifying and preventing fraud on platforms […]