2018-7-24 23:00 |
Imagine this. You pay for your shopping in your local currency, let’s say USD. By using a new Mastercard patent, your USD is then converted into crypto. The benefits of this? A faster, cheaper transaction.
Then, your payment is then converted back into USD, ready for the merchant to receive the end payment.
Whilst it might not seem advantageous from the outset, it is a very useful idea, one which will encourage a flow of cryptocurrency and of course, make way for an economical FIAT payment system.
Continue reading Have Mastercard Designed A System That Uses Crypto As A Middleman? at Crypto Daily™.
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