MasterCard News

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.

35 multinational companies have applied for 212 blockchain-related patents in China, including Microsoft and Mastercard.
Sony and Other Major Multinationals File 212 Blockchain Patents in China in 2020
Mohammad Musharraf
A crypto company offers a prepaid card that can be used anywhere Mastercard is accepted, with a daily ATM withdrawal limit of $2,500.
Crypto Firm’s New Prepaid Card Accepted Wherever Mastercard Is
Connor Blenkinsop
Digital payment platform Uphold has announced a debit card that lets users spend converted digital assets, cash and commodities.
Uphold's New Debit Card Lets You Pay With Bitcoin, XRP and Gold
Benjamin Pirus
Coinbase is the first crypto company to become a principal partner of the payments giant. Will crypto debit cards soon become commonplace?
Crypto Goes Plastic — Coinbase’s Visa-Approved Solution Suggests Growth
Stephen O'Neal
Simplex, a major fiat-to-crypto onramp provider servicing exchanges like Binance, will now unlock direct crypto purchases for Celsius app users.
Celsius Joins Major Cryptocurrency Firms Using Simplex’s Fiat Onramp
Helen Partz
Mastercard, Binance X, and Ripple’s Xpring joined the Blockchain Education Alliance launched by blockchain accelerator MouseBelt.
Mastercard, Binance X and Ripple's Xpring Join the Blockchain Education Alliance
Adrian Zmudzinski
Hodler’s Digest
Bitcoin returns to five figures, some Coinbase users are limited to withdrawing $10 a day, and North Korean hackers get inventive.
Bitcoin Hits $10K, Coinbase Controversy, Buffet with Buffett: Hodler’s Digest, Feb. 3–9
Thomas Simms
Mastercard’s CEO Ajay Banga revealed why the company left the Libra association, while sharing his thoughts on national payment networks such as CBDCs.
Mastercard CEO Reveals Why the Company Left Libra
Andrey Shevchenko

Follow us on Facebook