The use of cryptocurrencies is also included in Mastercard's payment systems. It has been stated that #Mastercard will work in partnership with #Bakkt, the crypto money institution, for this new change.
Mastercard has announced that in addition to its own payment system, it will also receive payments in cryptocurrencies. According to the information obtained from the news made by #Foreks, Mastercard offers banks and institutions in its customer network in the near future to include cryptocurrencies in their own products. Foreks announced that within the framework of this new program, crypto credit cards, reward cards, debit cards and Bitcoin wallets will be added to the system. It was also stated that Mastercard will work with Bakkt, a crypto money institution, to make the system work.
✅Mastercard stood out against digital assets
Digital asset startup Bakkt is today moving into an extensive partnership with Mastercard, which includes offering services as a cryptocurrency to its bank and Bakkt-backed #fintech partners. With the partnership, Mastercard customers will now be able to offer cryptocurrencies with the solutions provided by Bakkt and exchange their reward points with cryptocurrencies if they wish.
Considering that it has taken a more conservative stance towards digital assets so far, it can be stated that this development is a big step for Mastercard. Mastercard, which has been providing crypto money for customers of crypto exchanges for a while, seems to take this situation beyond the exchanges with the new agreement. The information obtained on the subject is limited to these for now.
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