Mastercard and crypto firm Bakkt have partnered to enable cryptocurrency card payments
The companies said the partnership will make it easier for banks, financial-technology firms and merchants to offer and accept crypto payments. Banks and other financial institutions that issue cards through Mastercard will be able to issue cryptocurrency debit or credit cards that let people make payments and earn rewards in bitcoin. Other cryptocurrency assets could follow.said in February
Mastercard is one of the largest card networks in the U.S., providing the infrastructure on which debit and credit card payments are processed. The company has been expanding its fintech partnerships and looking at ways to enable payments that go beyond traditional debit and credit cards.
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