Ondo Finance Forms Partnership With Mastercard, Joins Payment Behemoth’s Multi-Token Network Blockchain

February 26, 2025 The Daily Hodl

Altcoins

Mastercard is announcing a new partnership with Ondo Finance (ONDO) that will see the project join the credit card giant’s Multi-Token Network (MTN), a blockchain that links commercial banks and digital assets. In a new press release, Mastercard says it is joining forces with the real-world asset (RWA) tokenization protocol because the firm believes blockchains […]

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Gamestop Unleashes Bitcoin Strategy—Can $4.8B Make GME a Crypto Titan?

Visa and Mastercard Could Make a Comeback in Russia

February 19, 2025 Bitcoin.com

bitcoin.com

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 […]

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MasterCard Predicts Central Banks Will Lean Away From Issuing Retail-Focused CBDCs in 2025

February 17, 2025 The Daily Hodl

CBDCs

Payments giant MasterCard is forecasting that central banks will shift away from retail CBDCs (central bank digital currencies) and focus more on offering digital assets to banks and financial institutions. In a new blog post from Raj Dhamodharan, MasterCard’s head of crypto and blockchain, the analyst says that he’s expecting central banks will lean away […]

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Gamestop Unleashes Bitcoin Strategy—Can $4.8B Make GME a Crypto Titan?

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

December 4, 2024 Bitcoin.com

bitcoin.com

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, […]

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Crypto.com to launch Mastercard-powered card in Bahrain

December 4, 2024 Coin Telegraph

Bahrain

The new offering will be available across all Crypto.com card tiers with up to 8% rewards on spending.

Mastercard announced on Dec. 4 that it had issued a license to Hong Kong-based cryptocurrency exchange Crypto.com to begin offering its pre-paid payments card services on the Mastercard network in the Gulf Cooperation Council (GCC) region, beginning with Bahrain in January of 2025.

According to a blog post from Mastercard, once issued, cardholders will be able to fund their accounts via the Crypto.com app using e-money wallets or third party-issued credit and debit cards.

The card will be offered across all five Crypto.com card tiers, including its top-level “Black Obsidian” offering, with rewards of up to 8% and card payouts in US dollars.

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Nigerian Crypto Exchange Bitmama Halts Virtual Mastercard Services

December 2, 2024 Bitcoin.com

bitcoin.com

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 […]

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

November 8, 2024 Bitcoin.com

bitcoin.com

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 […]

Gamestop Unleashes Bitcoin Strategy—Can $4.8B Make GME a Crypto Titan?

Ripple and Mercado Bitcoin to launch crypto-enabled payments in Brazil

October 3, 2024 Coin Telegraph

Coin Telegraph

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.

Blockchain payments network Ripple is collaborating with a major crypto exchange in Brazil to launch cross-border payments enabled by crypto.

Ripple has partnered with the Brazilian Mercado Bitcoin exchange to enable local businesses to settle payments using Ripple’s “managed end-to-end payments solution,” the firm officially announced on Oct. 3.“

With the new payment tool, businesses in Brazil would be able to get “faster, cheaper, more efficient cross-border payments” across the globe 24/7 and settle payments in a matter of minutes, Ripple stated.

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Mastercard Partners With Amazon to Digitize Payment Acceptance

October 3, 2024 Bitcoin.com

Amazon

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 […]

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Watchdog: Visa–Mastercard ‘duopoly’ spends millions blocking competition

September 26, 2024 Coin Telegraph

Coin Telegraph

According to a report, the two companies spent a combined $80 million lobbying against credit card competition acts.

Consumer watchdog organization Accountable.US recently published a report accusing finance giants Visa and Mastercard of operating as a duopoly to prevent competition in the debit and credit card payments sector.

According to the report, which has been viewed by Cointelegraph, the two companies have spent more than $80 million lobbying against legislation that would allow competitors access to the payments sector.

Because Visa and Mastercard account for the majority of credit and debit card transactions in the United States, Accountable.US alleges that they’re responsible for the “sky-high” swipe fees faced by both consumers and businesses.

Mastercard

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