Mastercard Buys Into NFTs, Enables Purchase Of Digital Art Using Credit Card
Mastercard, one of the largest payment companies in the world, has revealed plans to expand access to the market for non-fungible tokens via card payments. Traditional payment institutions are beginning to incorporate cryptocurrency into their business plans. The company has announced that it is collaborating with a number of Web3 and NFT companies to allow users […]
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OneBit, a bitcoin wallet app that enables its users to pay with bitcoin at any credit card accepting store, has entered the alpha stage of development. OneBit announced that users are testing the application worldwide, and that it will go into closed beta very soon. OneBit began as an NFC payment tool for MasterCard’s PayPass, which would have been used to pay with bitcoin at any MasterCard accepting stores. The application was developed at a Mastercard Hackathon by entrepreneur and OneBit CEO Toby Hoenisch, who received positive feedback from the credit card processor. Hoenisch said: “I....
One of the world’s largest credit card company, Mastercard has partnered with the Winklevoss brothers’ Gemini cryptocurrency exchange to facilitate its credit card crypto reward system. The Gemini-powered credit cards would offer a 3% crypto reward on purchases through the card starting this summer. The card is to be issued by WebBank, a Utah-based digital […]
Bitstamp recently announced that customers in Slovenia and the United Kingdom would be able to buy bitcoin using MasterCard and Visa credit and debit cards. Two new major countries now join that list. Bitstamp has revealedtoday that users in Germany and Italy will be able to buy Bitcoin instantly by using their credit or debit cards. The new option to buy bitcoin through Visa or MasterCard comes via a Canadian payment processor, Vogogo. There are limits to buying bitcoin with plastic cards, however. Currently, users will only be able to buy less than 1 BTC in a day, with a $300 daily....
MasterCard has become the latest company to fall foul of the bitcoin community, as reports that the credit card payments processing giant used a submission to the Senate enquiry to put forward the point that Australian regulators should move against digital currency adoption. With seeing Western Union trip over in the last few days - a trip that has riled the digital community as a whole, and it looks as though MasterCard is set for a similar fate over the coming few days. Here are a few select snippets from the submission, which you can read here if you want to find out more. Any....
Notoriously tight-lipped bitcoin exchange and CoinDesk Bitcoin Price Index member BTC-e is now allowing customers to withdraw funds to Visa and MasterCard debit and credit cards, with some exceptions. The company blog post, issued on 21st March, indicated that the new program is now available to customers in any country, using any currency. All customers will pay a 5% fee for the service. The new functionality is noteworthy as it will allow customers to send money to debit and credit cards issued by two of the largest and most commonly used international card issuers. At present, the....