Mastercard Launches Wallet Pay to Enter the 4.3 Billion-User Digital Wallet Market
According to Bitcoin.com, Mastercard officially launched the Wallet Pay payment solution on September 10, aiming to connect global digital wallets to its international payment network. The solution supports NFC contactless, QR code, online, and cross-border payments, covering over 200 countries and regions and 150 currencies. Global digital wallet users currently exceed 4.3 billion and are projected to surpass 6 billion by 2030. Participating entities include major wallet operators such as Alipay+, Mercado Pago, and MTN. Additionally, Mastercard announced support for the settlement of six compliant stablecoins across eight blockchain networks, and is partnering with over 85 institutions through its Crypto Partner Program to advance blockchain payment infrastructure.
