I just read about it in the morning. This is such a great news for the crypto community. This means that users can now pay with crypto currencies almost every shop online where mastercard is accepted!
I know the merchants won't be directly accepting bitcoin and they will be receiving converted fiat currency (mastercard receives the bitcoin, converts it to fiat and pays the merchant) but it is still something for people who uses bitcoin. At least they can now spend their coins easily online. I am sure more payment processors and financial institution are going to follow mastercards footstep.
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I know the merchants won't be directly accepting bitcoin and they will be receiving converted fiat currency (mastercard receives the bitcoin, converts it to fiat and pays the merchant) but it is still something for people who uses bitcoin. At least they can now spend their coins easily online. I am sure more payment processors and financial institution are going to follow mastercards footstep.
Is this a latest news cos there is no date on the web page, if it is then be prepared because this will affect crypto price positively all over again, mastercard is huge and way better than paypal implementing crypto, mastercard is by far better, this is a good news indeed
Yes, it was recently announced. Not an old article .