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Mastercard CFO: Lack of Crypto Wallet Funding Is Partly Why Cross-Border Transaction Growth Is In Decline

Quarterly cross-border transaction growth for Mastercard declined by 2% over the last year partly due to the lack of customers using the service to purchase cryptocurrencies, according to Mastercard’s CFO. During the May earnings call, Mastercardโ€™s CFO Martina Hund-Mejean revealed that quarterly cross-border transaction growth for the company is down by 2% from the first […]

Mastercard CFO: Lack of Crypto Wallet Funding Is Partly Why Cross-Border Transaction Growth Is In Decline