Mastercard Network to Offer Crypto Products

[troubled soul]

https://markets.businessinsider.com...-bitcoin-network-payments-bakkt-stock-2021-10

Mastercard will allow US banks and millions of merchants to integrate crypto into their products​

 

[Martin Everson]

MasterCard trying to stay relevant in future I guess . But lets be honest if crypto really takes of as a means of day to day payment then no one needs a middlemen like MasterCard etc.

 

[JohnLocke]

As long as you can pay with a MasterCard they will try to follow the future and in all different ways try to retain their justification.

 

[BoomBoom]

Visa stated recently that they processed 1bn usd of crypto-linked cards, thats a nice profit for them so I assume Mastercard wants in on the action.

 

[zonez]

Visa is already doiing this.. MC will have to follow

 

[Rzeznik]

MasterCard trying to stay relevant in future I guess . But lets be honest if crypto really takes of as a means of day to day payment then no one needs a middlemen like MasterCard etc.

That will work only for some countries that have no banking etc. 2nd option is that they provide "chargeback" insurance while same time you don't have any insurance in crypto. In long term middle man will eliminated.

 

[troubled soul]

https://markets.businessinsider.com...-cards-asia-fiat-amber-coinjar-bitkub-2021-11

Mastercard launches crypto-linked payments cards in Asia that allow holders to convert their crypto to fiat instantly​