Money

Mastercard’s new crypto offering

Published

3 years ago

October 18, 2022

Mastercard is giving customers the chance to trade using crypto as part of a new service offering

Mastercard’s partners will gain access to a range of buy, hold and sell services for some crypto assets.

While the program is being prepared for pilot programs, the company has confirmed there extra security to protect crypto users.

The company has found nearly one in three of customers hold crypto as an investment, with even more people wanting crypto services to become mainstream with banks.

The new service will be available to banks and fin-tech companies.

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Costa Haritos

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.