US payment giants Visa and Mastercard are slamming the brakes on plans to forge new partnerships with crypto firms, sources said.
Browsing: MasterCard
Promoted | We cannot simply pull things off the shelf from our product set in the US or Europe and expect them to work in Africa, writes Mastercard’s Mark Elliott.
Promoted | Durban-based fintech pioneer iKhokha has won top honours at Mastercard’s EMEA Edge Conference in Dubai.
Mastercard will let consumers buy and sell digital assets through their bank accounts, potentially paving the way for thousands of finance firms to offer crypto trading for the first time.
Promoted | The adoption of a broad range of digital payment methods is accelerating in South Africa, according to Mastercard’s New Payment Index 2022.
Almost a third of local transactions are still running on 3D Secure version 1 despite a deadline to “sunset” this version of the protocol.
A group of young entrepreneurs are looking to reinvent Zambia as an African technology hub – with support from ethereum co-creator Vitalik Buterin.
Mastercard said it will hire more than 500 young professionals this year as it prepares to launch practices focused on cryptocurrencies and open banking.
The news earlier this week that Apple plans to allow merchants to accept contactless payments directly on iPhones has stirred a great a deal of interest.
Mastercard is phasing out cards with magnetic stripes, more than six decades after the technology was first introduced, as consumers adopt chip- and tap-based payments in increasing numbers.