Mastercard Launches Crypto Partner Program for Cross-Border Transfers and B2B Payments
The new initiative targets digital-asset-based cross-border transfers, business-to-business payments, and global payouts, according to the announcement cited in the source.
Summary
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Terms & Concepts
Digital assets: Blockchain-based tokens or cryptocurrencies used for transfer, payment, or settlement.
Cross-border transfers: Payments sent between different countries, often a key use case for faster blockchain-based settlement.
B2B payments: Business-to-business payments made between companies for goods, services, or operational transfers.