Mastercard brings p2p aliases for crypto transfers in UAE, Kazakhstan: report
Mastercard brings its Crypto Credential solution to the EEMEA region, starting with the UAE and Kazakhstan.
Payments processor Mastercard has rolled out its Crypto Credential solution in the UAE and Kazakhstan, marking its first move into the EEMEA region. The new service makes crypto transfers easier by letting users send and receive tokens using simple aliases instead of complicated blockchain addresses, the company said in a press release on Jan. 9.
The expansion will help exchanges like ATAIX Eurasia, Intebix, and CoinMENA, along with Fuze, a digital asset provider, streamline blockchain transactions, the company says.
Mastercard’s EVP for core payments in the region, Gaurang Shah, said the company…