Does MasterCard accept bitcoin?

Mastercard's customers are already using its cards "to buy crypto assets, especially during bitcoin's recent surge in value," the company said in its statement. The company said not all cryptocurrencies will be included, and while it didn't specify that bitcoin will be one of those accepted, it was the only such currency Mastercard cited by name.

How does MasterCard use cryptocurrency?

Mastercard has tracked customer usage as it relates to cryptocurrency, particularly Bitcoin. The company has seen consumers using their Mastercard debit cards to purchase crypto assets and begin to use crypto cards on its network. 2 

What is a MasterCard?

A Mastercard is any electronic payment card that uses the Mastercard network for processing transaction communications.

What does it mean when a financial institution partners with MasterCard?

MasterCard. The issuing financial institution usually pays the cost of producing the cards and mailing them to customers with specific card terms. When a financial institution partners with MasterCard then it means that all transaction processing communications must be done through MasterCard as the network processor.