Visa and Mastercard are paying $167.5 million to settle claims they blocked independent ATMs from offering lower fees. ClassAction.org reports the deal covers U.S. consumers who paid unreimbursed surcharges at non-bank ATMs from October 24th […]
Add ZyCrypto News On Google Cardano has scored a notable win in the payments space, with the Cardano Foundation joining Mastercard’s Crypto Partner Program, linking its payment infrastructure to Mastercard’s global network, which processes $9.2 […]
Key Takeaways Wallet Pay connects participating wallets with Mastercard’s network. The portfolio supports contactless, QR, online, and cross-border payments. Transfers can reach more than 200 countries and territories in 150 currencies. Mastercard Connects Local Wallets […]
Here’s how Mastercard has extended its relationship with Ripple and what are the ETF changes. A recent update from the XRP Ledger Foundation welcomed the TradFi giant, which has a long history with Ripple, […]
Key Takeaways Mastercard completed its BVNK deal, valued up to $1.8B. BVNK adds stablecoin rails across Mastercard’s 17B endpoints, pressuring global payment rivals. BVNK clients stay unchanged as Mastercard integrates wallets, cards, and 24/7 settlement. […]
BlackRock, DTCC, and Mastercard are joining Circle’s Arc as validators, while BUIDL is expected to deploy on the network after launch. USDC stablecoin issuer Circle has announced the founding validator cohort for Arc, its […]
Recent earnings calls from Open USD’s highest-profile backers, however, paint a more nuanced picture. Executives at Coinbase, Visa and Mastercard all said they intend to support multiple stablecoins instead of betting on a single winner, […]
Mastercard has wrapped up its $1.8 billion purchase of BVNK. This deal will help to increase the payment infrastructure of Mastercard’s stablecoin payments. The platform offers services for making payments, settlements, and treasuries in stablecoins. […]
TLDR Mastercard completed its acquisition of BVNK in a deal valued at up to $1.8 billion. The acquisition connects Mastercard’s global payment network with BVNK’s stablecoin and on-chain infrastructure. The combined platform will support cross-border […]
Key Takeaways Mir cards captured 85% of Russia’s market as sanctions rendered Visa and Mastercard effectively useless. Remaining foreign cards will soon fail due to physical wear and the expiration of security certificates. Russia’s central […]
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