Mastercard will accept payments in cryptoskills.

Mastercard will accept payments in cryptoskills.

After

Tesla’s $1.5 billion investment in bitcoin, the
cryptomoney has just received new capital support. Mastercard
comes

announced that it will accept direct payments in encryption in the
later this year. The payment/withdrawal system operator proposed
The payment/withdrawal system operator was already offering digital currency cards, but they were being distributed in
with vendors who convert a cryptographic currency into a digital currency.
into traditional currency, which is then used to make payments.
transactions. Mastercard’s network integration means that the
holders of a traditional affiliated bank card will be able to pay for their transactions.
directly in cryptography, which is expected to be faster and less expensive.
faster and cheaper.

Altcoins will not be accepted by Mastercard.

Altcoins will not be accepted by Mastercard.

« Whatever your views on

from the convinced fanatic to the absolute skeptic, the fact is that these assets
assets are becoming increasingly important in the world of cryptography.
world, » wrote Raj Dhamodharan, Head of Asset Products at the Bank of India.
products at Mastercard. « Mastercard is not here to recommend you.
you to start using cryptography. But we are here to
enable customers, merchants and businesses to move the
traditional or encrypted digital value as they wish.

Mastercard will only accept certain digital currencies that meet the following criteria
standards of privacy, security, legality and efficiency.
This means that the overwhelming majority of altcoins will not be accepted.

Mastercard’s decision follows that of

PayPal, which announced last October the adoption of the

Bitcoin, Bitcoin Cash, Ethereum and Litecoin.

Bitcoin and Cryptomoney: all you need to know to understand everything, and
invest

Article from CNET.com adapted by CNETFrance

Image: Gerd Altmann/Pixabay

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