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Other => Digital Currency News => Topic started by: CryptoFreedom4Me on May 20, 2015, 07:06:11 AM

Title: MasterCard Announces Centralized ‘P2P’ Payments
Post by: CryptoFreedom4Me on May 20, 2015, 07:06:11 AM
MasterCard Announces Centralized ‘P2P’ Payments
MasterCard has announced a “P2P” debit card-based remittance system which it says customers will find “more appealing” than the Bitcoin protocol.

MasterCard Send, currently in a pre-signup phase in the US only, is designed to allow transactions between “banked and unbanked consumers,” international and domestic payments at a near-instant speed rather than the several days required with the traditional bank clearing system.

Speaking to PYMNTS, Barb King, a group head in the MasterCard Payment Systems Integrity Group, called the new tool “a breakthrough platform in the industry.”
http://cointelegraph.com/news/114302/mastercard-announces-centralized-p2p-payments

(http://cointelegraph.com/images/725_aHR0cDovL2NvaW50ZWxlZ3JhcGguY29tL3N0b3JhZ2UvdXBsb2Fkcy92aWV3LzMxOWM1MmU4YmM5NjMxMGUxMGQzNWM2YWU0M2I1MmFlLnBuZw==.jpg)