Share this article
BTC
$83,085.73
-
0.48%ETH
$1,799.88
-
0.68%USDT
$0.9996
-
0.00%XRP
$2.1005
-
1.65%BNB
$591.46
-
0.65%SOL
$119.14
-
1.49%USDC
$0.9999
+
0.01%DOGE
$0.1654
-
2.29%ADA
$0.6399
-
2.51%TRX
$0.2378
-
0.11%LEO
$9.1608
+
2.65%LINK
$12.67
-
1.57%TON
$3.2501
-
1.97%XLM
$0.2488
-
3.31%SHIB
$0.0₄1215
-
1.75%AVAX
$17.24
-
5.23%SUI
$2.1652
-
3.27%HBAR
$0.1582
-
2.47%LTC
$81.83
-
2.54%OM
$6.2243
-
0.79%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
OLB Group Surges 90% After Saying It’s Ready for Mastercard Bitcoin Payments
The move comes as payment firms seek to integrate cryptocurrency into their offerings for merchants.
Shares of OLB Group Inc. (NASDAQ: OLB) close to doubled to $8.77 after the company said it’s ready to “immediately” process Mastercard bitcoin payments for merchants.
- OLB’s OmniSoft business management platform supports the processing of multiple cryptocurrencies including bitcoin, ether, USDC and DAI across all merchant platforms, the company said in a statement Tuesday.
- Credit card giant Mastercard said last month it was integrating cryptocurrency payments into its platform through a partnership with digital asset firm Bakkt.
- OLB’s system also supports traditional credit card processing, digital wallets such as Apple and Google Pay, along with cryptocurrency-to-fiat conversions.
Read more: Mastercard Is Integrating Crypto Payments Through a New Partnership With Bakkt
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Michael Bellusci
Michael Bellusci is a former CoinDesk crypto reporter. Previously he covered stocks for Bloomberg. He has no significant crypto holdings.
