Report: Mastercard Plans to Allow Merchants to Accept Bitcoin Payments
Mastercard is said to be planning to allow any bank or merchant on its vast network to accept Bitcoin and offer Bitcoin and Bitcoin rewards.Mastercard is said to be planning to allow any bank or merchant on its vast network to accept Bitcoin and offer Bitcoin and Bitcoin rewards. According to a new report from CNBC, Mastercard is partnering with Bitcoin and crypto wallet provider Bakkt, which will offer Bitcoin custodial services to merchants that sign up, executives at Mastercard and Bakkt said. There are currently thousands of banks and millions of merchants on Mastercard’s network, all....
Related News
The payments giant plans to support digital currency transactions directly on network.
Per a report by CNBC, payment giant Mastercard will double down on its crypto future. The company announced a partnership with Bakkt, a financial services company, in an attempt to increase its crypto capacities. Related Reading | Payments Giant Mastercard Buys CipherTrace To “Enhance Crypto Capabilities” The integration will allow Mastercard’s users, banks, or merchants, to […]
When it comes to Bitcoin wallets, there are so many different options to choose from. That being said, having so many different wallet applications does not necessarily make it easier to spend Bitcoin in the real world, which remains a big problem to this very date. OneBit is looking to change that, as this is a Bitcoin wallet that lets users pay anywhere in the world as long as the retailers accept MasterCard PayPass payments. OneBit: More Convenient Bitcoin Spending. While the OneBit mobile application is very easy and convenient to use, there are certain limitations you need to be aware....
Payments giant Mastercard has partnered with a cryptocurrency exchange to allow its partners and merchants in the U.S. to offer crypto solutions, including the buying, selling, and holding of cryptocurrencies. “We want to offer all of our partners the ability to more easily add crypto services to whatever it is they’re doing.”
Mastercard’s Network Integrates Crypto
Mastercard (NYSE: MA) and cryptocurrency exchange platform Bakkt (NYSE: BKKT) announced “a multifaceted partnership” Monday at the Money20/20 event.
The partnership....
Payments giant Mastercard has announced that it is preparing to allow a number of cryptocurrencies to move through its network directly. Customers, merchants, and businesses will no longer need to convert cryptocurrencies into fiat currencies to transfer through the Mastercard network. Mastercard Prepares to Let Cryptocurrencies Move Through its Network Mastercard announced Wednesday that it will start “bringing crypto onto its network.” In a blog post on the company’s official website, Raj Dhamodharan, Executive Vice President of Digital Asset and Blockchain, explained....