Crypto Purchase Ban Hits Mastercard’s Cross Border Volume Earnings

News – CCN

Card issuer Mastercard is feeling the sting from a decision by top US banks to ban credit card transactions for cryptocurrencies. Cross-border volume growth is on a downward trend, as evidenced by a 19% increase last month compared to 21% for all of the first quarter, according to the company’s earnings results. Mastercard’s 2 percentage … Continued

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