Mastercard partners with R3 on blockchain

Global payments giant Mastercard has partnered with enterprise blockchain software company R3.

In Brief:

• Mastercard and R3 have come together to develop a blockchain-powered cross-border payments system.
• It aims to connect global faster payments infrastructures.
• Mastercard will now have access to R3’s Corda ecosystem.

What does this mean?

Through various deals and acquisitions, Mastercard is aiming to bring more choice and connectivity to global payment infrastructure.

Read more here.

https://www.finextra.com/newsarticle/34378/mastercard-partners-r3-on-blockchain-powered-cross-border-payments?utm_medium=dailynewsletter&utm_source=2019-9-12&member=114168