Mastercard Building a Blockchain-Based Platform for Bitcoin and Crypto Transactions

Card services giant Mastercard is expanding its payment success to the digital asset space, looking to facilitate Bitcoin and crypto transactions.

Having made waves in traditional finance, Mastercard’s next target is helping its over 3.5 billion card users worldwide and other interested users transact crypto. A Business Insider report on Tuesday shows that the payment giant is exploring means to facilitate Bitcoin transactions among clients, merchants, and banks.

Mastercard Eyes Expansion into the Nascent Sector

Despite its recent breakthrough, processing crypto transactions is still unpopular and tedious compared to its traditional counterpart. With this in view, Mastercard is looking to tap into the endless possibilities in digital…

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