• Latest
  • Trending
Mastercard Will Now Allow Banks and Merchants to Buy, Sell, and Pay with Crypto

Mastercard Will Now Allow Banks and Merchants to Buy, Sell, and Pay with Crypto

October 25, 2021
Silicon Valley Bank’s Bankruptcy: 100% guaranteed no Bailout because of the Dodd-Frank Act. | by Patrick Mehrhoff | The Capital Platform | Mar, 2023

Silicon Valley Bank’s Bankruptcy: 100% guaranteed no Bailout because of the Dodd-Frank Act. | by Patrick Mehrhoff | The Capital Platform | Mar, 2023

March 17, 2023
DOGE Price Analysis for March 17

DOGE Price Analysis for March 17

March 17, 2023
First Mover Americas: Bitcoin Busts Through $26K

First Mover Americas: Bitcoin Busts Through $26K

March 17, 2023
BitValue announced the Investment in Spield Algorithm, which is Shaping the Future of AI Quantitative Analysis

Stablz Launches Cannavest pools, with 30% APR on USDT deposits!

March 17, 2023
University students reveal new Web3 solutions at ETHDenver 2023

University students reveal new Web3 solutions at ETHDenver 2023

March 17, 2023
5 applications of blockchain technology beyond crypto

5 applications of blockchain technology beyond crypto

March 17, 2023
Ripple’s Fridman Slams Sen. Elizabeth Warren Following Her ‘Demonstrably False’ Message

Ripple’s Fridman Slams Sen. Elizabeth Warren Following Her ‘Demonstrably False’ Message

March 17, 2023
Playboy Lost $4.9M on Ethereum It Accepted as NFT Payments

Playboy Lost $4.9M on Ethereum It Accepted as NFT Payments

March 17, 2023
What is Brave and BAT cryptocurrency? | by Sunflower Corporation | The Capital Platform | Feb, 2023

What is Brave and BAT cryptocurrency? | by Sunflower Corporation | The Capital Platform | Feb, 2023

March 17, 2023
  • Privacy Policy
Friday, March 17, 2023
Mount Rushmore Crypto
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
Mount Rushmore Crypto
No Result
View All Result
Home Crypto Technical Analysis

Mastercard Will Now Allow Banks and Merchants to Buy, Sell, and Pay with Crypto

J_News by J_News
October 25, 2021
in Crypto Technical Analysis, Top News
0
Mastercard Will Now Allow Banks and Merchants to Buy, Sell, and Pay with Crypto
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter


Payments & Merchants

Mastercard Will Now Allow Banks and Merchants to Buy, Sell, and Pay with Crypto

  • AnTy
  • October 25, 2021

Payment giant Mastercard is now preparing to allow millions of merchants and thousands of banks on its network to integrate cryptocurrency into their products soon announced the company on Monday.

This will cover bitcoin wallets, debit and credit cards that enable spending crypto assets and earning rewards in crypto, and loyalty programs where the airline or hotel points can be converted into digital currency.

For this, Mastercard is partnering with Bakkt, which will provide custodial services. Sherri Haymond, Mastercard’s executive vice president of digital partnerships, in an interview, said,

“We want to offer all of our partners the ability to more easily add crypto services to whatever it is they’re doing.”

“Our partners, be they banks, fintechs or merchants can offer their customers the ability to buy, sell and hold cryptocurrency through an integration with the Baktt platform.”

The company has more than 20,000 financial institutions as part of its network. Also, there are 2.8 billion Mastercards in use.

The growing interest in crypto this year has Mastercard clients also asking them to help in providing crypto services, said Haymond. According to her, this will allow banks to keep customers on their platforms instead of having their dollars migrate to crypto exchanges. Bakkt CEO Gavin Michael said,

“We’re lowering the barriers to entry, allowing people to take something like your rewards points and trade them into crypto.”

“It’s an easy way to get going because you’re not using cash, you’re putting something that’s an idle asset sitting on your balance sheet, and we’re allowing you to put in to work.”

This is in line with earlier findings that nearly half (48%) of respondents purchased crypto in the first half of 2021, and 32% of those who didn’t are either very or somewhat interested in doing so before year-end.

77% of millennials are also interested in learning more about crypto, with 75% saying they would use cryptocurrency if they understood it better.

AnTy

AnTy has been involved in the crypto space full-time for over two years now. Before her blockchain beginnings, she worked with the NGO, Doctor Without Borders as a fundraiser and since then exploring, reading, and creating for different industry segments.



Source link

Related articles

Silicon Valley Bank’s Bankruptcy: 100% guaranteed no Bailout because of the Dodd-Frank Act. | by Patrick Mehrhoff | The Capital Platform | Mar, 2023

Silicon Valley Bank’s Bankruptcy: 100% guaranteed no Bailout because of the Dodd-Frank Act. | by Patrick Mehrhoff | The Capital Platform | Mar, 2023

March 17, 2023
DOGE Price Analysis for March 17

DOGE Price Analysis for March 17

March 17, 2023
ShareTweetShareShare
Previous Post

BlockFi to Develop Crypto Asset Management Products With Neuberger Berman

Next Post

Exclusive Interview with Yellow Group CEO on Yellow.com and Future of Crypto

Related Posts

Silicon Valley Bank’s Bankruptcy: 100% guaranteed no Bailout because of the Dodd-Frank Act. | by Patrick Mehrhoff | The Capital Platform | Mar, 2023

Silicon Valley Bank’s Bankruptcy: 100% guaranteed no Bailout because of the Dodd-Frank Act. | by Patrick Mehrhoff | The Capital Platform | Mar, 2023

by J_News
March 17, 2023
0

The Silicon Valley Bank’s bankruptcy had sent ripples across the financial landscape, striking fear into the hearts of its customers...

DOGE Price Analysis for March 17

DOGE Price Analysis for March 17

by J_News
March 17, 2023
0

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not...

First Mover Americas: Bitcoin Busts Through $26K

First Mover Americas: Bitcoin Busts Through $26K

by J_News
March 17, 2023
0

Bitcoin, the world’s largest cryptocurrency, is back trading above $26,000 for the second time this week, up 7.5% in the...

BitValue announced the Investment in Spield Algorithm, which is Shaping the Future of AI Quantitative Analysis

Stablz Launches Cannavest pools, with 30% APR on USDT deposits!

by J_News
March 17, 2023
0

 Stablz, a cutting-edge yield capturing protocol, has announced the launch of its new Cannavest pools, offering an enticing 30% APR...

University students reveal new Web3 solutions at ETHDenver 2023

University students reveal new Web3 solutions at ETHDenver 2023

by J_News
March 17, 2023
0

Thousands of attendees recently gathered at Denver’s National Western Complex for ETHDenver 2023 to learn about the current and future...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • Crypto Vouchers
  • About Us
  • What Cryptocurrency Is and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

Top News

The 7 Best New ICOs To Buy in 2023

Crypto Narratives to look out for in 2023 | by Blockchain Jew | The Capital Platform | Feb, 2023

New York Attorney General sues CoinEx over failure to register

© 2021 mtrushmorecrypto - Crypto Related News Blog

No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT