A larger network of Mastercard Engage partners will enable the scaling of digital assets and blockchain technology and fulfill ongoing ecosystem demand.
In order to help companies swiftly create and scale solutions that underpin the Web3 economy, Mastercard is creating a new track as part of its global Engage partner network as our world continues to adopt cutting-edge payments technologies, such as cryptocurrency.
By providing partners with access to the business's extensive worldwide network, subject-matter knowledge, cutting-edge technology, and resources, Mastercard Engage makes it easier for them to engage with the company and shorten time to market for new product innovations. More than 150 Engage partners helped their clients install cutting-edge solutions on more than 500 million accounts utilizing Mastercard goods and services in only the previous year.
In addition to enabling crypto to fiat conversion capabilities, the expanded Engage partner network focusing on digital assets will help discover partners that can assist bring new crypto card programs to market. In turn, this will open up access to and for the wide range of participants in the crypto value chain. Benefits of Mastercard Engage may be divided into two main categories:
• Join as a partner: For issuers or BIN sponsors seeking to introduce new cryptocurrency card programs, as well as for payment ecosystem enablers seeking to develop cryptocurrency payments solutions with BIN sponsors, virtual asset service providers (VASPs), processors, and others
• Locate a partner: For businesses or innovators in the digital asset space seeking the best partners to start and expand their products
"Mastercard is dedicated to collaborating with innovators in the sector to open up access to cryptocurrency and blockchain technologies. As a result, there are more options for payments and trade, according to Raj Dhamodharan, executive vice president of Mastercard's Blockchain and Digital Assets division. "With the safety and security that come with the Mastercard brand, the expanded Mastercard Engage network will help players across the digital asset ecosystem and beyond fulfill their ambitions at scale."
• Partners
Baanx, Credencial Payments, Episode Six, Immersve, Monavate, Moorwand, PayCaddy, Paymentology, Pomelo, Swap, Unlimit.
