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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
The cards integrate balances in fiat money, stablecoins and cryptocurrencies held in custody accounts. Go to Source
Wirex Pay introduces its modular chain for payments, enhancing security through non-custodial wallets and a private key system. Go to Source
Mercado Bitcoin, one of the largest crypto exchanges in Latin America and a partner of Mastercard, is working with Ripple on crypto-enabled international payments. Go to Source
Mastercard and Amazon Payment Services have partnered to digitize payment acceptance in the Middle East and Africa. Under the partnership, Amazon will adopt Mastercard’s single touchpoint for payment processing across 40 markets, enabling faster, more secure transactions for merchants. Expanding Payment Acceptance Mastercard, a U.S. multinational payment card services firm, has partnered with Amazon Payment … Read more
According to a report, the two companies spent a combined $80 million lobbying against credit card competition acts. Go to Source
Mastercard and Safaricom have partnered to improve payment acceptance and cross-border remittances in Kenya. The partnership will benefit over 636,000 merchants using M-Pesa and enable them to serve customers globally. This collaboration will provide faster and more reliable payment solutions for Kenyan businesses and their customers. Streamlining Cross-Border Transactions The multinational payment card services corporation, … Read more
The large private companies will work with seven central banks on improving structural inefficiencies in international transfers. Go to Source
Mastercard has announced the launch of a new crypto debit card in Europe through a partnership with Mercuryo. This innovative card allows users to spend over 40 different cryptocurrencies directly from their self-custodial wallets at more than 100 million merchants across the continent. Mercuryo, a European crypto payments infrastructure provider, aims to simplify the use … Read more
Mastercard partners with Mercuryo to launch a euro-denominated crypto debit card, enabling users to spend crypto from self-custodial wallets at over 100 million merchants. Go to Source
