According to CoinDesk, credit card giant Mastercard has expanded its Engage program partner network, which connects potential card issuers with partners who can provide appropriate technical expertise to help bring cryptocurrency card projects to market, enabling more and more crypto companies to tap into Mastercard’s global network.
Mastercard said Mastercard Engage helps shorten the time it takes to bring crypto cards to market and provides cryptocurrency-to-fiat conversion capabilities. The system identifies and establishes partnerships with card issuing companies or BIN (Bank Identification Number) sponsors seeking to launch crypto cards.
Mastercard also mentioned a group of crypto payment companies that joined the Engage program, including Baanx, Credencial Payments, Episode 6, Immersve, Monavate, Moorwand, PayCaddy, Paymentology, Pomelo, Swap, and Unlimit.