Mastercard expands its "Engage" program to help businesses bring cryptocurrency cards to market

2023-06-22 20:13:00

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ChainCatcher news, according to CoinDesk, Mastercard is expanding its "Engage" program, which connects potential issuing institutions with partners that can provide the appropriate technical expertise to help bring cryptocurrency card projects to market, allowing more and more crypto companies to leverage Mastercard's global network.

Mastercard stated that Mastercard Engage helps shorten the time required to bring crypto cards to market and provides cryptocurrency to fiat conversion capabilities. The system identifies and establishes partnerships with issuing companies or BIN (Bank Identification Number) sponsors seeking to launch crypto cards.

A batch of crypto payment companies designated by Mastercard to join the Engage program includes: Baanx, Credencial Payments, Episode 6, Immersve, Monavate, Moorwand, PayCaddy, Paymentology, Pomelo, Swap, and Unlimit. (source link)

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