Mastercard Launches Crypto Partner Program With Aptos as Founding Partner

The initiative links Mastercard with Aptos to advance onchain payments (blockchain-based transaction processing) for broader mainstream use, according to the source.

Summary

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Terms & Concepts
  • Onchain payments: Payments recorded and settled on a blockchain network rather than through only traditional financial intermediaries.
  • Aptos: A blockchain network designed to support decentralized applications and digital asset transactions at scale.
  • Crypto Partner Program: A partnership framework focused on connecting payment companies with blockchain firms to expand crypto-related services.