Share this article
BTC
$82,588.09
-
0.20%ETH
$1,771.69
-
0.83%USDT
$0.9996
-
0.01%XRP
$2.0632
-
3.43%BNB
$584.28
-
1.46%USDC
$1.0001
-
0.00%SOL
$115.16
-
2.31%DOGE
$0.1619
-
2.96%TRX
$0.2393
+
0.87%ADA
$0.6277
-
3.32%LEO
$9.0414
+
0.67%LINK
$12.41
-
2.03%TON
$3.2881
+
1.21%XLM
$0.2465
-
2.70%AVAX
$17.03
-
4.96%SHIB
$0.0₄1191
-
1.86%SUI
$2.1192
-
3.47%HBAR
$0.1546
-
2.87%LTC
$79.51
-
3.35%OM
$6.1936
-
0.98%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
Michael Bellusci
Michael Bellusci is a former CoinDesk crypto reporter. Previously he covered stocks for Bloomberg. He has no significant crypto holdings.
