Mastercard Expands Stablecoin Acceptance With 360-Degree Digital Payment Strategy

Mastercard is turbocharging the future of payments with a sweeping launch of global stablecoin capabilities, revolutionizing digital wallets, merchant checkouts, and cross-border transactions. Mastercard Unveils Full-Scale Stablecoin Payments Network Globally Mastercard announced on April 28 a major step forward in digital payments by unveiling global, end-to-end capabilities aimed at enabling stablecoin transactions from digital wallets … Read more

Mastercard Partners With Kraken to Enhance Crypto Payments in the UK and Europe

Mastercard has announced a partnership with Kraken, leveraging its global payments network to enable millions of users to spend their cryptocurrencies at over 150 million merchants worldwide. This collaboration underscores Kraken’s commitment to bridging traditional finance and digital assets, providing simple and secure payment solutions for its customers in the UK and Europe. As part … Read more

Visa and Mastercard Could Make a Comeback in Russia

Visa and Mastercard may attempt a comeback in Russia, but the country’s financial system has already moved on. Could they reclaim lost ground, or is it too late? Visa and Mastercard May Be Returning to Russia Visa and Mastercard may attempt to re-enter the Russian market, according to Anatoly Aksakov, head of the State Duma … Read more

Crypto.com Partners With Mastercard to Expand Digital Payments in GCC Region

Crypto.com has announced a strategic partnership with Mastercard, enabling the cryptocurrency platform to issue payment cards directly in the Gulf Cooperation Council (GCC) region, starting with Bahrain. Crypto.com Secures Principal Licence to Issue Mastercard-Powered Cards The collaboration revealed on Dec. 4, grants Crypto.com a principal licence to issue cards on Mastercard’s payment network. This move, … Read more

Nigerian Crypto Exchange Bitmama Halts Virtual Mastercard Services

Nigerian crypto exchange platform, Bitmama, has temporarily halted its virtual Mastercard services due to unforeseen issues with its provider. This move follows a trend of fintechs in Africa facing challenges with card services, including fluctuating exchange rates, chargeback fraud, and insufficient funds. While some fintechs blame provider issues, others cite high costs and limited revenue … Read more

Mastercard’s Pay Local Launches, Connecting 2 Billion Users to 35 Million Merchants

Mastercard’s Pay Local is set to transform digital payments globally, connecting 2 billion users with 35 million merchants. Mastercard Pay Local Unlocks Global Reach: 2 Billion Users, 35 Million Merchants Payment giant Mastercard announced on Monday the launch of Pay Local, a global service designed to expand the reach of digital wallets by providing access … Read more