Mastercard partners with Bakkt, to offer customers ‘ability to buy, sell, hold crypto’
Mastercard announced its entry into the cryptocurrency industry, and it might never be the same again. Thousands of partner banks and millions of merchants on its payment network, might soon be able to integrate cryptocurrencies into their products.
According to a report by CNBC, this integration will include the introduction of Bitcoin wallets, credit and debit cards equipped to enable digital asset payments, along with earning crypto rewards. Not only that, this move will also allow loyalty points from airlines or hotels to be converted into Bitcoin.
This integration will be realized through partnership, with crypto firm Bakkt, which will provide custodial services for those who sign up. Sherri Haymond, Mastercard’s Executive Vice President
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