Tag

mastercard

Browsing

Visa, popular payment processor and credit card service company has through its CEO expressed its openness to support cryptocurrencies in due time. The CEO who made his stance known on CNBC’s Mad Money show; has his company look to follow the lead of fellow financial service provider MasterCard, but only when the crypto market size grows. According to the company’s CEO Al Kelly, the Visa brand will implement cypto-friendly systems in the future if the global…

Mastercard, the American payments giant, has initiated its ventures into blockchain technology by filing a patent outlining a blockchain based payments platform. To allow users and companies to track crypto, process transactions while making use of a fractional banking system. As outlined in the patent : Accordingly, the use of traditional payment networks and payment systems technologies in combination with blockchain currencies may provide consumers and merchants the benefits of the decentralized blockchain while still…

The State of Andhara Pradesh and Mastercard have been welcomed as the latest additions to the growing Enterprise Ethereum Alliance. The alliance which aims to help corporations and agencies to share projects and developments in Blockchain technology allowing adoption of the technology for various practical applications. The technological breadth, depth and variety of organizations coming together under the auspices of EEA to create and drive enterprise Ethereum standards bodes well for the future development of…

MasterCard International President has officially voiced her praise for Blockchain technology in the European News Site EurActive. Citing its potential in the remittance industry and in trade , she also  hinted at potential intergration of the technology into services currently offered by the worlds largest payment processor. Blockchain has always been explored as a basis for expansion in services already offered by giants such as Visa and MasterCard. The technology has been refeered to as extremely…