Weekend Roundup: MasterCard Deploys 'P2P' Payments Service in the US, Bloomberg Issues Bitcoin Report
MasterCard has announced its so-called peer-to-peer debit-card-based remittance service, dubbed MasterCard Send. The system, which is being deployed first in the U.S., is designed to allow transactions between “banked and unbanked consumers,” including international and domestic payments at a near-instant speed, rather than the several days required with the traditional bank clearing system. Crypto Coins Exchange Denmark ApS (CCEDK), a Danish virtual currency bourse (a European stock exchange), has announced a launch of its "next-generation" payment card, a MasterCard-backed bitcoin debit....
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With BTC setting a new record above $48K and Mastercard implementing crypto payments, CoinDesk’s Market Daily is back with the latest news roundup.
Payments giant Mastercard is expanding its payments-focused consulting service to include cryptocurrency. It covers “a range of digital currency capabilities, from early-stage education, risk assessments, and bank-wide crypto and NFT strategy development to crypto cards and the design of crypto loyalty programs.” Mastercard’s Crypto Consulting Service Mastercard announced Tuesday the expansion of its payments-focused consulting service. Among the new practices is one dedicated to “crypto & digital currencies,” the company wrote. Noting that it is....
MasterCard has launched MasterCard Send, a personal payments service that enables funds to be sent quickly and securely to consumers domestically and internationally. Now live for users in the United States, MasterCard Send permits sending secure real-time payments to consumers, both banked and unbanked. The recipients get the funds immediately on their MasterCard or other cards, into mobile money and bank accounts or via cash agent outlets. "This unique platform will enable disbursements and person-to-person (P2P) payments to and from virtually any U. S. debit card account, including....
Julian Hattem at The Hill reported Tuesday that US federal lobbying disclosure reports show MasterCard is paying its lobbyists to focus on Bitcoin. Five lobbyists from Peck Madigan Jones were looking into “Bitcoin and mobile payments,” the quarterly report read. You can read the report here. This means MasterCard is officially the first company to lobby Captiol Hill for anything Bitcoin related. And MasterCard has a contentious past with cryptocurrencies. Wired reported last week that Xapo was about to release a Bitcoin debit card that would work on MasterCard networks, but Hattem reported....
NFT-focused blockchain startup bitsCrunch has announced its upcoming partnership with leading payments service provider MasterCard. Set to be incubated through MasterCard’s Start Path program, a global startup engagement program designed to help startups scale, bitsCrunch and MasterCard aim to provide cutting-edge collaborative solutions to consumers. The MasterCard Start Path offers a diverse suite of startup […]