Mastercard will add support for bitcoin payments on the network.
Payment giant Mastercard will soon announce support for cryptocurrencies on its network. Reported by CNBC.
Banks and merchants will be able to integrate cryptocurrencies into their products. We are talking about bitcoin wallets, credit and debit cards for accruals in cryptocurrencies, as well as loyalty programs, in which points can be converted into digital assets.
Sherri Haymond, Executive Vice President of Digital Partnerships at Mastercard, said the initiative will allow banks to compete with cryptocurrency exchanges.
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