These include various marketing deals and Mastercard’s digital identity program, which uses distributed ledger technology similar to cryptocurrency. Richard Wormald, Mastercard’s Australasian division president said the company was excited to partner with BTCMarkets.
“The partnership will see BTC Markets leverage our technology to provide a smart, simple and safe way for consumers to top up their digital cryptocurrency wallets, delivering a frictionless e-commerce experience,” he said.
Ms Bowler said her plan was to continue partnering with major institutions to offer additional services at the exchange. However, she indicated she had reservations about any partnership with a buy now, pay later (BNPL) service such as Afterpay or Zip.
“While I do think there is a place for buy now, pay later, I’d want to look at the amount that would be involved. It’s just about being sensible with it,” she said.
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