Mastercard, the payment processor giant today announced the enhancement of its crypto card program just weeks after rival Visa also announced its plans to become a global leader for crypto card payments, promising to make crypto as usable as any other currency. The leading card payment service provider said it is accelerating its crypto exchange
Mastercard, the payment processor giant today announced the enhancement of its crypto card program just weeks after rival Visa also announced its plans to become a global leader for crypto card payments, promising to make crypto as usable as any other currency. The leading card payment service provider said it is accelerating its crypto exchange
Alibaba’s Ant Group, the official partner of China’s PBoc for its Digital Yuan has started working on digital currency trials involving other stakeholders within the country. China’s online-only bank MYbank, wherein Ant Group holds a 30% stake, is the latest to join the trials and will allow some of its users to link their bank
Alibaba’s Ant Group, the official partner of China’s PBoc for its Digital Yuan has started working on digital currency trials involving other stakeholders within the country. China’s online-only bank MYbank, wherein Ant Group holds a 30% stake, is the latest to join the trials and will allow some of its users to link their bank
After enough internal testing locally, the Chinese central bank – The People’s Bank of China (PBoC) – is all set to take its CBDC Digital Yuan global. As per the recent report from the South China Morning Post, the payments giant Mastercard is currently in talks with PBoC to facilitate the cross-border transactions for Digital
After enough internal testing locally, the Chinese central bank – The People’s Bank of China (PBoC) – is all set to take its CBDC Digital Yuan global. As per the recent report from the South China Morning Post, the payments giant Mastercard is currently in talks with PBoC to facilitate the cross-border transactions for Digital
Gemini cryptocurrency exchange has partnered with MasterCard to facilitate its credit card crypto reward system starting this summer. Gemini-powered credit cards would offer a 3% crypto reward on purchases made through the card. The card will be issued by WebBank, a Utah-based digital lender. Raj Dhamodharan, Mastercard’s head of digital assets and blockchain products &
Gemini cryptocurrency exchange has partnered with MasterCard to facilitate its credit card crypto reward system starting this summer. Gemini-powered credit cards would offer a 3% crypto reward on purchases made through the card. The card will be issued by WebBank, a Utah-based digital lender. Raj Dhamodharan, Mastercard’s head of digital assets and blockchain products &
Mastercard vice-chair Ann Cairns in a recent conference said Bitcoin is too volatile for its upcoming crypto payment services that the company announced earlier this month. Cairns believes Bitcoin in its current form is too volatile and slow to be a form of payment. She said, “Bitcoin doesn’t behave like a payment instrument, It’s too
Mastercard vice-chair Ann Cairns in a recent conference said Bitcoin is too volatile for its upcoming crypto payment services that the company announced earlier this month. Cairns believes Bitcoin in its current form is too volatile and slow to be a form of payment. She said, “Bitcoin doesn’t behave like a payment instrument, It’s too
After MasterCard’s recent announcement on expanding support to cryptocurrencies, VISA has laid out a similar press release willing to keep up with the competition. VISA is planning to make it quicker and easier to spend digital currency worldwide. According to their announcement, around the world, more than 25 digital currency wallets have linked their services
After MasterCard’s recent announcement on expanding support to cryptocurrencies, VISA has laid out a similar press release willing to keep up with the competition. VISA is planning to make it quicker and easier to spend digital currency worldwide. According to their announcement, around the world, more than 25 digital currency wallets have linked their services
European Central Bank Director, Benoit Coeure, in an interview with Bloomberg, has claimed that Global financial regulators have no plans to ban Facebook’s Libra or other stablecoins. However, digital currency projects will have to meet the highest regulatory standards. Regulators Have No Plans to Ban Libra Libra has been at the altar of criticism by
European Central Bank Director, Benoit Coeure, in an interview with Bloomberg, has claimed that Global financial regulators have no plans to ban Facebook’s Libra or other stablecoins. However, digital currency projects will have to meet the highest regulatory standards. Regulators Have No Plans to Ban Libra Libra has been at the altar of criticism by
Per a recent revelation by Bloomberg and Financial Times, eBay, Stripe, and Mastercard have exited Facebook’s controversial stablecoin project, Libra. eBay & Stripe Follow Same Suit as PayPal The decision by eBay, Stripe, and Mastercard comes just a week after PayPal’s departure from the project. Interestingly, the firms were among the first 28 inaugural members
Per a recent revelation by Bloomberg and Financial Times, eBay, Stripe, and Mastercard have exited Facebook’s controversial stablecoin project, Libra. eBay & Stripe Follow Same Suit as PayPal The decision by eBay, Stripe, and Mastercard comes just a week after PayPal’s departure from the project. Interestingly, the firms were among the first 28 inaugural members
The US Senate House of Financial Services Committee has been completely opposed to Facebook’s cryptocurrency project, Libra. Much of their disagreement is steeming from their dislike for Mark Zuckerberg. Reportedly, the Committee under has asked him to testify before January 202. “We need to get Mark Zuckerberg here!” – Senator Sherman during David Marcus’s (Libra
The US Senate House of Financial Services Committee has been completely opposed to Facebook’s cryptocurrency project, Libra. Much of their disagreement is steeming from their dislike for Mark Zuckerberg. Reportedly, the Committee under has asked him to testify before January 202. “We need to get Mark Zuckerberg here!” – Senator Sherman during David Marcus’s (Libra
The series of bad news for Libra continues, now, apparently, backers of the project are second-guessing their involvement. Libra Head, David Marcus, formally with PayPal replied to the WSJ’s report saying, “tone of some of this reporting suggests angst.” According to the report, Visa and Mastercard have declined to publicly support the project. Moreover, including
The series of bad news for Libra continues, now, apparently, backers of the project are second-guessing their involvement. Libra Head, David Marcus, formally with PayPal replied to the WSJ’s report saying, “tone of some of this reporting suggests angst.” According to the report, Visa and Mastercard have declined to publicly support the project. Moreover, including
Mastercard posted job openings for 28 crypto-experts as it begins building its crypto team. Mastercard Inc. is a leading Financial Services firm based out of the US. It provides consumer credit, prepaid & debit cards, which connects billions of people around the world to a unified payment system. The firm has decided to establish its Blockchain Headquarters
Mastercard posted job openings for 28 crypto-experts as it begins building its crypto team. Mastercard Inc. is a leading Financial Services firm based out of the US. It provides consumer credit, prepaid & debit cards, which connects billions of people around the world to a unified payment system. The firm has decided to establish its Blockchain Headquarters
Facebook’s cryptocurrency Whitepaper release created a lot of excitement all over the world, especially in the Financial Services market. What made the announcement even more massive was the fact that 27 members from the FinTech world were announced as members of the Libra Association. Visa, Mastercard, Uber, Paypal, Coinbase, and many other large firms have
Facebook’s cryptocurrency Whitepaper release created a lot of excitement all over the world, especially in the Financial Services market. What made the announcement even more massive was the fact that 27 members from the FinTech world were announced as members of the Libra Association. Visa, Mastercard, Uber, Paypal, Coinbase, and many other large firms have
Reportedly, Facebook Inc. has signed up more than a dozen companies including Visa Inc., MastercardInc. PayPal Holdings Inc. and Uber Inc. These technology companies form a consortium which will find a similarity to XRP or Stellar Lumens validators through the Stellar Foundation. Facebook will reveal the model/whitepaper of its cryptocurrency, Libra on 18th June. The Whitepaper is the basic design of any
Reportedly, Facebook Inc. has signed up more than a dozen companies including Visa Inc., MastercardInc. PayPal Holdings Inc. and Uber Inc. These technology companies form a consortium which will find a similarity to XRP or Stellar Lumens validators through the Stellar Foundation. Facebook will reveal the model/whitepaper of its cryptocurrency, Libra on 18th June. The Whitepaper is the basic design of any
Huobi, the largest cryptocurrency exchange has announced that its Peer-to-peer trading platform or Over the counter trading platform (OTC) is enabling credit card deposit service. The platform is now supporting both VISA and Master Card after signing a new partnership with Simplex payment processing venture. Huobi OTC Partnered with Simplex Per the reports, the platform
Huobi, the largest cryptocurrency exchange has announced that its Peer-to-peer trading platform or Over the counter trading platform (OTC) is enabling credit card deposit service. The platform is now supporting both VISA and Master Card after signing a new partnership with Simplex payment processing venture. Huobi OTC Partnered with Simplex Per the reports, the platform
A typical cryptocurrency is soaring the new highs after announcing the launch of their first Debit Card backed by Master card. The coin is named as Groestlcoin or GRS which is currently spotted on 126th position with a record of 75.83 percent over the past 24 hours. Groestlcoin Coin [GRS] Launches Debit Card Backed By
A typical cryptocurrency is soaring the new highs after announcing the launch of their first Debit Card backed by Master card. The coin is named as Groestlcoin or GRS which is currently spotted on 126th position with a record of 75.83 percent over the past 24 hours. Groestlcoin Coin [GRS] Launches Debit Card Backed By
While Ripple and its token XRP are changing the way cross border remittance industry works, it is also backing young start-up which shares the same vision of disrupting the payments industry. According to the latest announcement, Ripple has joined hands with Barclays and Mastercard to infuse $1.7 million funding for remittance start-up SendFriend. SendFriend envisions
While Ripple and its token XRP are changing the way cross border remittance industry works, it is also backing young start-up which shares the same vision of disrupting the payments industry. According to the latest announcement, Ripple has joined hands with Barclays and Mastercard to infuse $1.7 million funding for remittance start-up SendFriend. SendFriend envisions
The 13-year long running feud between Visa, Mastercard and a number of US banks reached a settlement of $6.2 billion. This has the crypto enthusiasts finding the solution in cryptos like Bitcoin. Visa, Mastercard settles $6.2B for a long-running feud with merchants Yesterday, Mastercard, Visa and a number of US banks agreed on a settlement
The 13-year long running feud between Visa, Mastercard and a number of US banks reached a settlement of $6.2 billion. This has the crypto enthusiasts finding the solution in cryptos like Bitcoin. Visa, Mastercard settles $6.2B for a long-running feud with merchants Yesterday, Mastercard, Visa and a number of US banks agreed on a settlement
Bitcoin Transaction Value has crossed Paypal and Discover services as stated by ARK Invest crypto analyst Yassine Elmandjra. His statement comes at the right time amid rising pessimist claims towards bitcoin regarding its use for payment processing, scalability, and speed. Visa and Mastercard lie ahead Yassine Elmandjra, says that bitcoin transaction’s dollar value has outperformed
Bitcoin Transaction Value has crossed Paypal and Discover services as stated by ARK Invest crypto analyst Yassine Elmandjra. His statement comes at the right time amid rising pessimist claims towards bitcoin regarding its use for payment processing, scalability, and speed. Visa and Mastercard lie ahead Yassine Elmandjra, says that bitcoin transaction’s dollar value has outperformed
According to the latest announcements, Mastercard, the financial payments services giant has been granted several new patent approvals this week regarding the implementation of several blockchain technologies into their existing network. Among others, the one that catches the eye especially is the one titled “Method and System for Anonymous Directed Blockchain Transaction” What is the
According to the latest announcements, Mastercard, the financial payments services giant has been granted several new patent approvals this week regarding the implementation of several blockchain technologies into their existing network. Among others, the one that catches the eye especially is the one titled “Method and System for Anonymous Directed Blockchain Transaction” What is the
MasterCard in its new FUD is open to the government created cryptocurrency while calling the rest junk. Additionally, it allows the cash out of bitcoins onto its credit card but follows strict KYC and AML measures. MasterCard: Open to Govt. created cryptocurrency, rest are Junk Today, MasterCard, the financial giant revealed that it is receptive
MasterCard in its new FUD is open to the government created cryptocurrency while calling the rest junk. Additionally, it allows the cash out of bitcoins onto its credit card but follows strict KYC and AML measures. MasterCard: Open to Govt. created cryptocurrency, rest are Junk Today, MasterCard, the financial giant revealed that it is receptive
