MasterCard announces support for crypto on its network

[mamamu111]

MasterCard has announced plans to support cryptocurrencies in 2021, paving the way for its nearly one billion users to spend digital assets at more than 30 million merchants.. READ THE COMPLETE ARTICLE HERE: https://worldpublicityblog.com/index.php/2021/02/11/mastercard-announces-support-for-crypto-on-its-network/

[Greatchu]

Is this a latest news cos there is no date on the web page, if it is then be prepared because this will affect crypto price positively all over again, mastercard is huge and way better than paypal implementing crypto, mastercard is by far better, this is a good news indeed

[cryptomaniac_xxx]

This is welcoming news indeed, MasterCard and Visa are two of the biggest payment processor in the world. If they are going to support crypto in the future, we might get another exposure, similar to Paypal's millions of user around the globe. Although several months ago, it was reported that they are partnering with other companies with their "Crypto Card Partner Program", perhaps they just decided to do it by themselves to accelerate it. Another win-win situation for us.

[Bitbtc8]

Damn  it seems this bull season will be around for a while longer, the adoption rate is just crazy this year and good news here and there is also helping big time, it's a big good news indeed and soon crypto will be widely accepted

[masterrex]

MasterCard has announced plans to support cryptocurrencies in 2021, paving the way for its nearly one billion users to spend digital assets at more than 30 million merchants.. READ THE COMPLETE ARTICLE HERE: https://worldpublicityblog.com/index.php/2021/02/11/mastercard-announces-support-for-crypto-on-its-network/

IMO, I believe this is another achievement of our beloved industry to be recognized by one of the worlds largest financial service innovators like Mastercard At last they have already seen the vast potential of this technology-based financial services innovation I believe cryptocurrency was still in its infancy and a lot of room to improve thats why I believe more achievements will be unlocked in the years to come just keep believing. 

[sangkler11]

Yes it will be huge, bulls are not over yet.
Giving merchants the ability to transact entirely in cryptocurrency (not confirmed yet) is an enormous step toward mass-adoption.

[Anonylz]

MasterCard has announced plans to support cryptocurrencies in 2021, paving the way for its nearly one billion users to spend digital assets at more than 30 million merchants.. READ THE COMPLETE ARTICLE HERE: https://worldpublicityblog.com/index.php/2021/02/11/mastercard-announces-support-for-crypto-on-its-network/

Sign of the bull season. At least now we can expect it to last longer than expected. But with new innovations and adoptions, the Bull season would last longer

Yes bro, 2021 already gathering momentum for the upcoming record breaking bull run in the history of crypto, all the good news keeps rolling in and making the space more bullish, who would have thought - first PayPal, Elon Tesla and now MasterCard, such major playres in the economy are coming into crypto, next we should be seeing apple and google coming in too   (hopefully) Good things ahead for crypto community no doubt.

[bryant.coleman]

Back in 2017, it was ordinary investors who were afraid of FOMO (fear of missing out). Now it is the corporations that are afraid of it. After PayPal integrated Bitcoin to its platform, the other payment processors are rushing to do the same and MasterCard won't be the last one. No one wants to be left behind, especially when it comes to modern technology and innovations. It's a highly competitive world, and in order to stay relevant the corporations need to consider new innovations.

[terible.hunter]

Yes, I saw this news and I see that this time, compared to 2017, the process of integrating cryptocurrencies into ordinary life is very smooth and very successful, I do not see any prohibitions today or we do not hear them. But this time things are going better. Let's see how long the market will last on positive news.

[Bttzed03]

Is this a latest news cos there is no date on the web page,

Here's a more reliable source https://www.coindesk.com/mastercard-accepts-crypto-payments

Back in 2017, it was ordinary investors who were afraid of FOMO (fear of missing out). Now it is the corporations that are afraid of it. After PayPal integrated Bitcoin to its platform, the other payment processors are rushing to do the same and MasterCard won't be the last one. No one wants to be left behind, especially when it comes to modern technology and innovations. It's a highly competitive world, and in order to stay relevant the corporations need to consider new innovations.

That is not the case for Mastercard. They have long been interested in integrating cryptocurrency.

Previously, Mastercard supported limited cryptocurrency transactions through its cryptocard partners Wirex and Uphold. But those programs only cover payment, not settlement; the coins are converted to fiat currency well before reaching the merchant.

Mastercard first filed a patent for handling bitcoin payments in 2013 but abandoned that effort in 2015. It began hiring a team of wallet developers and crypto veterans in 2019. The company now hosts a platform through which central banks can test digital currencies.

It looks like they will have their own wallet this time to allow their users accept payment in cryptocurrencies direct to their account. It will be interesting if they can convince all central banks to test this. They target to launch the new feature this year but some regulations could cause a delay. Let's see.

[leea-1334]

Looks like it is true,,, found the article from reuters which I guess means it is 100% real: https://www.reuters.com/article/us-crypto-currency-mastercard-idUSKBN2AA2WF

So, Bitcoin is for sure,,, I wonder which else? Litecoin? Ethereum? Do we dare believe even privacy coins could be there somehow? I bet you Mastercard goes defi;)

[laredo7mm]

Looks like it is true,,, found the article from reuters which I guess means it is 100% real: https://www.reuters.com/article/us-crypto-currency-mastercard-idUSKBN2AA2WF

So, Bitcoin is for sure,,, I wonder which else? Litecoin? Ethereum? Do we dare believe even privacy coins could be there somehow? I bet you Mastercard goes defi;)

I do not think Mastercard will go defi. First PayPal and visa now MasterCard every one is accepting bitcoin. Mass adoption just started and bigger influencer people are coming to crypto one by one. Now we may saw their own cryptocurrencies in a very short time and this integration of crypto assets will surely make a positive reaction to the whole market.

[doctor877]

Mastercard crypto support on its network is a good news. For a time it has fiat crypto payment through its network and later halted it. This will push more giant corporations to fall in as well. We expect more adoption to take place

[adzino]

I just read about it in the morning. This is such a great news for the crypto community. This means that users can now pay with crypto currencies almost every shop online where mastercard is accepted!
I know the merchants won't be directly accepting bitcoin and they will be receiving converted fiat currency (mastercard receives the bitcoin, converts it to fiat and pays the merchant) but it is still something for people who uses bitcoin. At least they can now spend their coins easily online. I am sure more payment processors and financial institution are going to follow mastercards footstep.

Is this a latest news cos there is no date on the web page, if it is then be prepared because this will affect crypto price positively all over again, mastercard is huge and way better than paypal implementing crypto, mastercard is by far better, this is a good news indeed

Yes, it was recently announced. Not an old article .

[Cloverfield]

One by one the big players come and take them some BTC. Soon it will be so hard to accumulate any BTC and they will turn to alts. Some already have, like Grayscale has, but it won’t take long or ETH and other will really explode. Now it was Tesla, MasterCard, but imagine Apple makes it available. Boom!!

[barabeku]

Mastercard decided on such actions due to the fact that VISA took the issue of working with cryptocurrencies very seriously. This is competition in the market. The crypto space has the hope of completely replacing fiat.

[livingfree]

I hope that they won't be the same as PayPal that doesn't allow its users to withdraw their crypto or send it to another PayPal user. In that means, PayPal is likely just giving its users fake bitcoins/cryptos that they offer because it's non-transferrable which obviously isn't the description of crypto.

We're free to transfer it from wallet to wallet but PayPal doesn't allow it so that's basically what we can think of their offer. And in this news, MasterCard is really common for its services to the bankers and I hope that it will push it to the banks that are attached to them and will also follow the adoption.

[kawetsriyanto]

This may also become good fundamental news for crypto.
however, it will also depend on what kind of utility and involvement of crypto itself. Sometimes, it is only big on news but less in the application. Like what happened in the Paypal. The news is very big and booming at that time. But in fact, the utility and usage of crypto itself are now still debatable moreover we cannot withdraw our assets from PayPal.
So, as long as it is good for the crypto world, I think it will work and influence more easily.

[lozovenkop]

It is very good that such giants have started to come to the cryptocurrency market, especially recently Apple also announced the integration of cryptocurrency

[CuriousGeorge]

Mastercard decided on such actions due to the fact that VISA took the issue of working with cryptocurrencies very seriously. This is competition in the market. The crypto space has the hope of completely replacing fiat.

Agreed, the competition between VISA and Mastercard is very strict. I think that there will be more companies will be adding crypto on their service too.

Is this a latest news cos there is no date on the web page, if it is then be prepared because this will affect crypto price positively all over again,

Yes it

https://cointelegraph.com/news/mastercard-announces-support-for-crypto-on-its-network

It already published a few days ago. That's not an old news dude.