Mastercard partners with 7 crypto startups to accelerator their payment infrastructure
Giant payment services MasterCard company announced a new startup engagement program as part of Mastercard startup path which will accelerate & grow their payment infrastructure.
In the present time both Visa & MasterCard are in competition to boost their payment business infrastructure in the blockchain & crypto industry. At one side Visa is blindly doing numbers of partnerships and at another side MasterCard is also doing the same thing to remain an active platform in industry.
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On 27 July, MasterCard announced their engagement program with 7 startups which are operating their services in the crypto industry. So we can say MasterCard entered the crypto industry indirectly with the help of other companies.
Under this program, MasterCard company will integrate their services with Uphold (digital wallet and trading platform), GK8( crypto storage service), Domain Money (American investment company), SupraOracles (blockchain startup), STACS ( blockchain infrastructure provider), Taurus(digital asset firm), and Mintable which is a marketplace that issues and facilitate trading of NFT tokens.
Under this agreement of the engagement program of MasterCard, All the seven companies will help & facilitate all those services which are needed for MasterCard’s services to give better framework to work properly in the crypto ecosystem. This newly joined startup will also help MasterCard’s ecosystem to connect banks, merchants, partners and digital players from all over the world.
“We believe we can play a key role in digital assets, helping to shape the industry and provide consumer protection and security”
Jess Turner, executive vice president at Mastercard’s dew digital infrastructure and fintech
Through this & recent partnerships of MasterCard, the company clearly shows that they are following their commitment that they did in recent months. MasterCard aimed to make their services & infrastructure more favorable, better & secure for the crypto ecosystem.
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