Funds large Mastercard is increasing its payments-focused consulting service to incorporate cryptocurrency. It covers “a variety of digital foreign money capabilities, from early-stage training, danger assessments, and bank-wide crypto and NFT technique growth to crypto playing cards and the design of crypto loyalty applications.”
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Mastercard’s Crypto Consulting Service
Mastercard introduced Tuesday the growth of its payments-focused consulting service. Among the many new practices is one devoted to “crypto & digital currencies,” the corporate wrote.
Noting that it’s “serving to banks navigate the adoption of digital currencies,” the funds large detailed:
Mastercard’s consulting efforts with banks and retailers cowl a variety of digital foreign money capabilities, from early-stage training, danger assessments and bank-wide crypto and NFT technique growth to crypto playing cards and the design of crypto loyalty applications.
“Mastercard has curated partnerships with digitally native corporations that supply best-of-breed options in cryptocurrencies,” the corporate added.
Furthermore, the funds firm “has helped fintechs broaden into new markets, working by go-to-market planning and commercialization methods.”
Mastercard started bringing crypto onto its community in February final yr. The corporate is focusing on creating services and products round cryptocurrencies, stablecoins, and central financial institution digital currencies (CBDCs).
In January, Mastercard partnered with cryptocurrency alternate Coinbase to make non-fungible tokens (NFTs) extra accessible to everybody. Clients will have the ability to use their Mastercard playing cards to make purchases on Coinbase’s coming NFT market.
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