Boat smartwatch users will now be able to use tap and pay functionality at eligible point-of-sale (POS) terminals in India, following an announcement made at the Global Fintech Fest (GFF) 2024 on Friday (August 30). For this move, the Indian smart wearable brand is partnering with Mastercard, enabling payment services…
Mastercard is exploring ways to simplify crypto transactions, which could lead to the mass adoption of these digital assets for day-to-day businesses. The US-based cards payments giant has introduced a new initiative to assess the use of its Crypto Credential programme. The aim of this programme is to ensure that…
US-based card payments giant Mastercard is forging ahead with choosing and onboarding promising blockchain startups to join its Web3-focussed Smart Path programme. In a fresh development, the company has onboarded five new startups to be part of this initiative. In the coming months, Mastercard will work with these up-and-coming firms…
A new crypto debit card has entered the fintech ecosystem, programmed with the crypto-to-fiat bridge functionality. DeFi firm 1inch has collaborated with cards payment giant Mastercard to launch this card. The card has been developed by Baanx, a cryptocurrency payments specialist authorised by the UK’s Financial Conduct Authority (FCA). Mastercard…
Airtel Payments Bank smartwatch was launched in India on Tuesday (March 19). This marks the entry of the telecom operator in the smartwatch segment and becomes the first device to be launched by it. The smartwatch has been developed in collaboration with the wearable brand Noise and the payment-technology provider…
While nations around the world are taking a slow and calculated approach towards engaging with crypto, fintech giants like Mastercard and Visa are already incorporating pro-crypto steps as part of their operations. In a fresh development, Mastercard has initiated work around launching crypto-based loyalty rewards. The payments giant has reportedly…
Mastercard has taken another step into its Web3 foray with the launch of a CBDC-focussed forum. The aim is to provide crypto players with a platform where they can open discussions around the emergence of central bank digital currencies (CBDCs), that are beginning to crop up in different parts of…
Mastercard will expand its cryptocurrency payment card programme by seeking more partnerships with crypto firms, the company’s head of crypto and blockchain said, even as the sector comes under closer scrutiny from regulators and banks grow wary. Mastercard has already partnered with crypto exchanges including Binance, Nexo and Gemini to…
Mastercard Michael Miebach has predicted that widespread adoption of cryptocurrencies is a long way away from becoming a reality. While maintaining an optimistic attitude towards the asset class gaining more popularity in the future, Miebach said that the formulation of apt laws is needed as soon as possible. The Mastercard…
Mastercard, the 55-years old financial services provider, has earned the reputation of a crypto-friendly company in recent years. In a fresh development, Mastercard has launched a new tool called ‘Crypto Secure’ that is intended to help banks and financial institutions detect as well as prevent fraudulent activities associated with virtual…
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