Official Mastercard press releases or announcements

Mastercard Launches P2P Crypto Pilot with Mercado Bitcoin

May 29, 2024, 04:12 PM

Mastercard has announced the launch of its first peer-to-peer (P2P) pilot transaction using the Mastercard Crypto Credential on May 29. This new service enables users to send and receive cryptocurrency using a simple username instead of a complex wallet address. The pilot program includes users from Argentina, Brazil, Chile, France, and Guatemala. Mastercard has partnered with the crypto exchange Mercado Bitcoin for this initiative. The service aims to simplify crypto transactions across various currencies and blockchains, enhancing accessibility for users.