Mastercard announced the launch of a service that will ensure transactions between crypto users’ wallets are verifiable and compliant.
Mastercard will launch a new product, the “Mastercard Crypto Credential,” to improve user verification standards and reduce the risk of fraud in the crypto space. Mastercard Crypto Credential will provide secure transactions between users Mastercard has verified.
To achieve this, users will be issued a “Mastercard crypto credential unique identifier” that will enable them to immediately verify if an address they want to send money to has been verified by the company and operates in compliance with Mastercard’s standards.
The payment processing giant said in a statement:
Mastercard Crypto Credential will establish a set of common standards and infrastructure that will help attest trusted interactions among consumers and businesses using blockchain networks. There are several use cases that Mastercard Crypto Credential can unlock, as consumer
We współpracy z: https://cryptodaily.co.uk/2023/05/mastercard-launches-crypto-credential-service
