📱 Mastercard launches a Web3 card program, bridging the gap between blockchain and traditional payments

📱 Mastercard launches a Web3 card program, bridging the gap between blockchain and traditional payments

Self-custody wallets like MetaMask are becoming increasingly popular. This new solution enables users of these wallets to make purchases with Mastercard wherever it is accepted.

🆎 The MetaMask card is being rolled out in pilot mode for a select group of users in the UK 🇬🇧 and Europe.

🆎 Benefits: dispute management by Mastercard, chargeback protection, and simple recovery mechanisms in case of private key loss.

🆎 Mastercard, in collaboration with its partners, has developed standards that include "know your customer" (KYC) protocols and anti-money laundering (AML) protocols. Additionally, the program offers the ability to view transaction history and cancel transactions.

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