Wirex’s new Mastercard-supported card will be linked to 19 crypto and fiat currency accounts in the Wirex app.
MasterCard Worldwide, or MasterCard incorporated, is an international payment system and transnational financial corporation that unifies 22,000 financial organizations in 210 countries around the world. The company was founded in 1966 with the merger of several Californian banks to compete with Bank of America, which currently works with Visa — MasterCard’s main opponent. The company is currently headquartered in New York and MasterCard’s CEO is Ajaypal Singh Banga. The main activity of MasterCard is the processing of payments between the acquired banks, which serve as the place of trades, and other credit corporations that use MasterCard’s debit and credit cards. The MasterCard association is aimed at managing the business, promoting the brand, and developing and implementing new technologies, such as a contactless way of making payment called PayPass.
Is Mastercard trying to show some central banks the folly of their ways?9945
Companies like Visa and Mastercard are taking an interest in crypto startups to drive growth, but does this challenge the fundamentals of crypto?10177
Blockchain could help shared device merchants avoid credit card fees, MasterCard says.4534
It is high time for traditional financial institutions to see that the crypto industry has matured enough and does not possess high risks.6995
Check out this week’s Bad Crypto podcast.8335
Global payment processors Mastercard and Visa are laying the foundations for crypto support that may drive adoption on a global scale.23072
Check out this week’s Bad Crypto podcast.9012
Mastercard is reaching out to cryptocurrency firms and encouraging them to apply to become partners as part of its newly-expanded cryptocurrency card program.20909
WhatsApp’s payment features have been suspended in Brazil less than one month after the Facebook-owned app rolled them out.6388
BitPay rolls out prepaid Mastercard for U.S. crypto customers, hoping to further drive adoption and purchasing power of crypto holders.13040
An international campaign calling on credit card companies to block payments to porn sites could lead to a huge wave of new cryptocurrency adopters.6539
The Linux Foundation has launched the ToIP Foundation, a new cross-industry coalition that aims to provide a trusted exchange of data over the internet.7025
VeChain and Mastercard are among the heavy hitters backing the new APAC Provenance Council, focused on Australia’s $76 billion of exports to China.16484
Matrixport's platform now allows users to buy crypto currencies directly through Visa and Mastercard.9871