Crypto.com to launch Mastercard-powered card in Bahrain
The new offering will be available across all Crypto.com card tiers with up to 8% rewards on spending. Go to Source
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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, JPMorgan integrate blockchain payment solutions
Mastercard Multi-Token Network is connecting with JPMorgan’s ambitious Kinexys Digital Payments for faster settlement. Go to Source
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
FV Bank integrates with Visa for crypto debit, corporate cards
The cards integrate balances in fiat money, stablecoins and cryptocurrencies held in custody accounts. Go to Source
Wirex Pay launches non-custodial crypto payments
Wirex Pay introduces its modular chain for payments, enhancing security through non-custodial wallets and a private key system. Go to Source
Ripple and Mercado Bitcoin to launch crypto-enabled payments in Brazil
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 Partners With Amazon to Digitize Payment Acceptance
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
Watchdog: Visa–Mastercard ‘duopoly’ spends millions blocking competition
According to a report, the two companies spent a combined $80 million lobbying against credit card competition acts. Go to Source
Mastercard, Safaricom Partner on Cross-Border Payments
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