🚀 **Mastercard Launches "Crypto Credential" Service to Secure Crypto Payments**

Mastercard has introduced a new service called "Crypto Credential" to enhance the security of peer-to-peer crypto transactions. This service allows users to create a Mastercard username for sending and receiving Bitcoin and other cryptocurrencies through exchanges like Bit2Me, Lirium, and Mercado Bitcoin in Brazil, Argentina, France, and more.

Walter Pimenta, Mastercard’s EVP of Product and Engineering for Latin America and the Caribbean, highlighted the growing need for secure blockchain interactions. The service simplifies transactions by eliminating complex wallet addresses and notifies users if a recipient’s wallet is incompatible, preventing potential losses. It also protects against scammers using lookalike addresses.

Mastercard is taking a significant step towards safer and more reliable crypto transactions in Europe and Latin America! 🌎🔒

#Crypto #Blockchain #Mastercard #Bitcoin #CryptoSecurity #Fintech