Mastercard's crypto credentials P2P pilot program goes live

The credit card company hopes to streamline transactions and limit user error through an alias credentialing system.

Mastercard has launched its crypto credentials P2P pilot program in hopes of streamlining crypto transactions and eliminating user error for customers.

The test includes Mastercard’s exchange partners Bit2Me, Lirium, Mercado, and wallet provider FoxBit. Mastercard’s executive vice president for product and engineering for Latin America, Walter Pimenta, remarked:

The credit giant’s crypto credentials system assigns human-readable ‘aliases’ to individuals, which are verified by Mastercard so that users no longer have to rely on sending and verifying the long string of numbers and letters characterizing traditional wallet addresses.

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The credit card company hopes to streamline transactions and limit user error through an alias credentialing system.
Mastercard has launched its crypto credentials P2P pilot program in hopes of streamlining crypto transactions and eliminating user error for customers.The test includes Mastercard’s exchange partners Bit2Me, Lirium, Mercado, and wallet provider FoxBit. Mastercard’s executive vice president for product and engineering for Latin America, Walter Pimenta, remarked:The credit giant’s crypto credentials system assigns human-readable ‘aliases’ to individuals, which are verified by Mastercard so that users no longer have to rely on sending and verifying the long string of numbers and letters characterizing traditional wallet addresses.Read more