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Mastercard to Facilitate Cryptocurrency Transactions
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investopedia.comOn Feb 10, Mastercard announced that it would begin supporting select cryptocurrencies on its payment network. The financial transaction processing company hasn’t specified which cryptocurrencies it will work with, though, and some of its requirements may preclude a number of the major ones.
Mastercard has tracked customer usage as it relates to cryptocurrency, particularly Bitcoin. The company has seen consumers using their Mastercard debit cards to purchase crypto assets and begin to use crypto cards on its network.
With cryptocurrencies becoming more accepted as an investment and payment method, Mastercard is taking steps to make it easier for people to transact using secure digital currencies.
Mastercard’s announcement says that
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