Mastercard Focusing on 5 Key Areas to Turn Crypto Into ‘an Everyday Way to Pay’
Mastercard has outlined five key crypto areas it is working on in order to “turn cryptocurrencies into an everyday way to pay.” A Mastercard executive opined: “Someday soon, the ability to own and spend a digital currency could be as seamless as making a contactless card payment.” Mastercard Focusing on 5 Major Areas Covering Crypto, Metaverse, and NFTs Mastercard highlighted on Wednesday five different areas it is working on in order to “turn cryptocurrencies into an everyday way to pay.” Raj Dhamodharan, executive vice president of Digital Asset and....
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Self-described serial entrepreneur Toby Hoenisch has been making the rounds this morning, promoting his new start-up, OneBit, which proclaims a radically new paradigm for Bitcoin: the ability to spend it anywhere MasterCard's PayPass terminals are located. PayPass is MasterCard's attempt to get everyday consumers to stop using cash, as their website says: You get better record keeping of all your purchases then using cash for those small everyday items. BitPay is the Secret Sauce. However people in the Bitcoin world may feel about PayPass, the underlying technology of OneBit will be its....
Visa CEO Al Kelly says that the payments giant is leaning into the cryptocurrency space “in a very, very big way.” He outlines five key areas of crypto opportunities that Visa is focusing on, stating that his company is “extremely well-positioned.” Visa Is Focusing on 5 Crypto Areas During Visa’s earnings call for the period ended March 31 last week, the payments giant outlined its commitment to the crypto space, highlighting five key areas the company is focusing on. Al Kelly, Visa’s chairman and chief executive officer, began by noting that there are....
MasterCard may be trying to stomp out Bitcoin in places like Australia, but what they're not realizing is the fact that people want to use their Bitcoin to pay for everyday expenses, bills and utilities. Even still, rather than find a way to integrate Bitcoin technology into their business model, they're trying to find a way to get rid of it through regulation. Not only did the company use the Australian Senate investigation as a tool to express deep concern about the illegal use of bitcoins, they also released this video on the need for digital currencies. Also read: "For Everything Else,....
Crypto exchange Binance has partnered with Mastercard to launch a cryptocurrency power card for customers in Argentina. The card will be useful to spend digital assets in everyday purchases, a press release says, and reduce the gap between crypto and fiat payment rails. Related Reading: BlackRock Offers Crypto To Investors Via Latest Partnership With Coinbase […]
Payments giant Mastercard has introduced a new program called Crypto Source to enable financial institutions to offer crypto trading and other related services to their customers. Mastercard has partnered with Paxos Trust Company to support this program. A Mastercard executive says that crypto is on the “cusp of really going mainstream.” Mastercard to Help Banks Offer Crypto Services Mastercard introduced a new program called Crypto Source Monday that will bring “crypto trading capabilities to banks.” In partnership with regulated and licensed crypto custody....