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Mastercard Collaborates with Bakkt to Expand Encryption Solutions & Join Loyalty Program
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blockchain.newsOn Monday, October 25, Payment giant Mastercard announced cooperation with U.S. Institutional Exchange Bakkt to expand integrated cryptocurrency solutions and payment services.
The announcement stated that this cooperation would accelerate consumers’ access to the digital asset ecosystem. Consumers will be allowed to buy, sell and hold digital assets on the custodial wallet platform supported by Bakkt to meet the growing demand for encryption, payment, and reward flexibility.
For MasterCard, it can also further simplify the issuance of branded encrypted debit and credit cards.
In addition to the first time, this cooperation will help MasterCard integrate encryption technology into its loyalty solution, allowing MasterCard holders to use
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