MasterCard willing to Support Cryptocurrency Payments later this year 2021 - TechSog

MasterCard willing to Support Cryptocurrency Payments later this year 2021

Mastercard Supporting Crypt payment will be a dream come through….

Mastercard has become one of the biggest financial service firms, the firm is making plans to support cryptocurrencies later this year. The firm’s digital asset and blockchain VP Raj Dhamodharan stated in a blog post.

MasterCard willing to Support Cryptocurrency payments later this year

After witnessing a spurt in crypto transactions, the financial service firm is ready to select currencies that meet its standards around security, reliability, and compliance, this also means that many virtual currencies might not meet up at the first hurdle.

This will also enable retailers to accept virtual currencies as a form of payment. The firm VP Dhamodharan stated that the fundamental metric that a stable coin will be reviewed by it consumer protection, including privacy and strict oversight of the consumer information importantly the level of security people, have come to expect in their credit 

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