Nigerian Crypto Exchange Bitmama Halts Virtual Mastercard Services

Nigerian crypto exchange platform, Bitmama, has temporarily halted its virtual Mastercard services due to unforeseen issues with its provider. This move follows a trend of fintechs in Africa facing challenges with card services, including fluctuating exchange rates, chargeback fraud, and insufficient funds. While some fintechs blame provider issues, others cite high costs and limited revenue…

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Mastercard and JPMorgan Revolutionize B2B Payments with Blockchain API

Mastercard and JPMorgan simplify global payments by integrating blockchain and multicurrency systems for faster transactions. Mastercard Move enhances real-time cross-border payments with transparency, risk control, and fraud analytics for businesses. Mastercard and JPMorgan are altering the landscape of B2B cross-border payments through a revolutionary collaboration between Mastercard’s Multi-Token Network (MTN) and JPMorgan’s Kinexys Digital Payments…

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Mastercard and JPMorgan To Boost Payments With Blockchain

🚀 Stay Ahead with AltcoinDaily.co! 🌐 Mastercard, the global fintech giant, and JPMorgan are working together to improve business-to-business (B2B) cross-border payments using blockchain technology. They will combine Mastercard’s Multi-Token Network (MTN) with JPMorgan’s Kinexys Digital Payments Unit. According to the announcement, this partnership aims to make international transactions more efficient, transparent, and faster. Benefits…

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Mastercard’s Pay Local Launches, Connecting 2 Billion Users to 35 Million Merchants

Mastercard’s Pay Local is set to transform digital payments globally, connecting 2 billion users with 35 million merchants. Mastercard Pay Local Unlocks Global Reach: 2 Billion Users, 35 Million Merchants Payment giant Mastercard announced on Monday the launch of Pay Local, a global service designed to expand the reach of digital wallets by providing access…

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Mastercard Partners With Amazon to Digitize Payment Acceptance

Mastercard and Amazon Payment Services have partnered to digitize payment acceptance in the Middle East and Africa. Under the partnership, Amazon will adopt Mastercard’s single touchpoint for payment processing across 40 markets, enabling faster, more secure transactions for merchants. Expanding Payment Acceptance Mastercard, a U.S. multinational payment card services firm, has partnered with Amazon Payment…

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Mastercard, Safaricom Partner on Cross-Border Payments

Mastercard and Safaricom have partnered to improve payment acceptance and cross-border remittances in Kenya. The partnership will benefit over 636,000 merchants using M-Pesa and enable them to serve customers globally. This collaboration will provide faster and more reliable payment solutions for Kenyan businesses and their customers. Streamlining Cross-Border Transactions The multinational payment card services corporation,…

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Mastercard Teams Up with Mercuryo for New Crypto-Focused Debit Card

🚀 Stay Ahead with AltcoinDaily.co! 🌐 Mastercard is continuing its foray into the world of cryptocurrencies by partnering with crypto payments provider Mercuryo to launch a new euro-denominated debit card called Spend. The card allows users to make purchases directly using crypto from their non-custodial wallets, a significant step in streamlining crypto payments for everyday…

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Mastercard Launches Crypto Debit Card for Self-Custodial Wallets in Europe With Mercuryo Partnership

Mastercard has announced the launch of a new crypto debit card in Europe through a partnership with Mercuryo. This innovative card allows users to spend over 40 different cryptocurrencies directly from their self-custodial wallets at more than 100 million merchants across the continent. Mercuryo, a European crypto payments infrastructure provider, aims to simplify the use…

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Mastercard Launches Euro Crypto Debit Card with Mercuryo

Mastercard partners with Mercuryo to launch a self-custodial euro-dominated crypto debit card. The partnership aims to eliminate barriers between blockchain and traditional systems. A MasterCard spokesperson noted that majority of crypto holders avoid CEX due to the complexities. Mastercard has expanded its support for cryptocurrency by partnering with Mercuryo, a European crypto payments infrastructure provider,…

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New Mastercard crypto card lets users pay from self-custodial wallets

Mastercard has teamed up with crypto payment provider Mercuryo to launch a new debit card called “Spend” that allows users to make payments directly from their self-custodial wallets using digital assets, including Bitcoin. According to a Sept. 5 statement, Mercuryo explained that “Spend” is a multi-chain crypto card that connects directly to users’ wallets. This means…

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