Mastercard Adds Crypto Consulting Service in Latest Effort to Boost Cryptocurrency Adoption

Payments elephantine Mastercard is expanding its payments-focused consulting work to see cryptocurrency. It covers “a scope of integer currency capabilities, from early-stage education, hazard assessments, and bank-wide crypto and NFT strategy improvement to crypto cards and the plan of crypto loyalty programs.”

Mastercard’s Crypto Consulting Service

Mastercard announced Tuesday the enlargement of its payments-focused consulting service. Among the caller practices is 1 dedicated to “crypto & integer currencies,” the institution wrote.

Noting that it is “helping banks navigate the adoption of integer currencies,” the payments elephantine detailed:

Mastercard’s consulting efforts with banks and merchants screen a scope of integer currency capabilities, from early-stage education, hazard assessments and bank-wide crypto and NFT strategy improvement to crypto cards and the plan of crypto loyalty programs.

“Mastercard has curated partnerships with digitally autochthonal firms that connection best-of-breed solutions successful cryptocurrencies,” the institution added.

Moreover, the payments institution “has helped fintechs grow into caller markets, moving done go-to-market readying and commercialization strategies.”

Mastercard began bringing crypto onto its web successful February past year. The institution is focusing connected processing products and services astir cryptocurrencies, stablecoins, and cardinal slope integer currencies (CBDCs).

In January, Mastercard partnered with cryptocurrency speech Coinbase to marque non-fungible tokens (NFTs) much accessible to everyone. Customers volition beryllium capable to usage their Mastercard cards to marque purchases connected Coinbase’s coming NFT marketplace.

What bash you deliberation astir Mastercard’s crypto efforts? Let america cognize successful the comments conception below.

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