Crypto solutions

Our solutions Cybersecurity and experience AI and security solutions Empower your business for anything with AI-powered projections Chargeback prevention Protect your business. Reduce disputes and chargebacks. Digital customer experience Deliver a better digital customer experience and reduce disputes Financial crime solutions Trace and prevent fraud and money laundering Identity Identity builds trust in our digital world Payment resiliency Resilient payment solutions to keep your business flowing Third party risk management Keep your organization and digital supply chain secure Threat protection Safeguard your network and data from external threats Data strategy and analytics Mastercard Data & Services Make smarter decisions with better outcomes Open banking and open data Open banking solutions Empower people to benefit from their financial information Payments Infrastructure Modernize your network with real-time payments Retail payments Pay for goods and services in store and online Cross-border payments Send money to people, workers and businesses abroad Disbursements, remittances and funding Pay out earnings and send funds to other people Industry use cases Financial institutions Account identity services Trust your users are who they say they are Customer experience Boost customer engagement and satisfaction Dispute management Reduce and prevent chargebacks before they happen Risk management Minimize risks before they happen Transaction optimization Balance security and a seamless customer experience Travel industry Account identity services Trust your users are who they say they are Customer experience Boost customer engagement and satisfaction Dispute management Reduce and prevent chargebacks before they happen Risk management Minimize risks before they happen Retail Account identity services Trust your users are who they say they are Customer experience Boost customer engagement and satisfaction Dispute management Reduce and prevent chargebacks before they happen Risk management Minimize risks before they happen Transaction optimization Balance security and a seamless customer experience Technology, media & telecommunications (TMT) Account identity services Trust your users are who they say they are Customer experience Boost customer engagement and satisfaction Dispute management Reduce and prevent chargebacks before they happen Risk management Minimize risks before they happen Digital partners Account identity services Trust your users are who they say they are Customer experience Boost customer engagement and satisfaction Dispute management Reduce and prevent chargebacks before they happen Risk management Minimize risks before they happen Transaction optimization Balance security and a seamless customer experience News and insights Dive into the biggest trends shaping our industry See all news and insights Blogs Research and reports Success stories Webinars and demos Press About us Contact us ; Popular searches real-time payments solutions payments infrastructure news View all results Cybersecurity and experience AI and security solutions Empower your business for anything with AI-powered projections Chargeback prevention Protect your business. Reduce disputes and chargebacks. Digital customer experience Deliver a better digital customer experience and reduce disputes Financial crime solutions Trace and prevent fraud and money laundering Identity Identity builds trust in our digital world Payment resiliency Resilient payment solutions to keep your business flowing Third party risk management Keep your organization and digital supply chain secure Threat protection Safeguard your network and data from external threats Data strategy and analytics Mastercard Data & Services Make smarter decisions with better outcomes Open banking and open data Open banking solutions Empower people to benefit from their financial information Payments Infrastructure Modernize your network with real-time payments Retail payments Pay for goods and services in store and online Cross-border payments Send money to people, workers and businesses abroad Disbursements, remittances and funding Pay out earnings and send funds to other people Financial institutions Account identity services Trust your users are who they say they are Customer experience Boost customer engagement and satisfaction Dispute management Reduce and prevent chargebacks before they happen Risk management Minimize risks before they happen Transaction optimization Balance security and a seamless customer experience Travel industry Account identity services Trust your users are who they say they are Customer experience Boost customer engagement and satisfaction Dispute management Reduce and prevent chargebacks before they happen Risk management Minimize risks before they happen Retail Account identity services Trust your users are who they say they are Customer experience Boost customer engagement and satisfaction Dispute management Reduce and prevent chargebacks before they happen Risk management Minimize risks before they happen Transaction optimization Balance security and a seamless customer experience Technology, media & telecommunications (TMT) Account identity services Trust your users are who they say they are Customer experience Boost customer engagement and satisfaction Dispute management Reduce and prevent chargebacks before they happen Risk management Minimize risks before they happen Digital partners Account identity services Trust your users are who they say they are Customer experience Boost customer engagement and satisfaction Dispute management Reduce and prevent chargebacks before they happen Risk management Minimize risks before they happen Transaction optimization Balance security and a seamless customer experience Dive into the biggest trends shaping our industry See all news and insights Blogs Research and reports Success stories Webinars and demos Press

Crypto Secure

Upholding trust in a changing world Contact us

Get actionable insights to help reduce crypto risks in your ecosystem with Mastercard Crypto Secure.

Assess risk

Identify potential crypto risk exposure

Gain insight

Enhance knowledge of the crypto asset ecosystem

Take action

Make detailed evaluation of virtual asset service providers (VASPs)

4x

higher fraud rates for crypto vs. non-crypto transactions 1

Source: Mastercard internal data. Calculated at December 31, 2022.

347m

projected global number of cryptocurrency users by 2027

Source: statista.com, 2022

$2.8t

estimated crypto wallet market value by 2028

Source: globalmarketestimates.com, 2023

Manage your crypto ecosystem risk

Compliance risk

Combat risk of money laundering from criminal entities making crypto fund transfers

Regulatory risk

Meet heightened regulatory scrutiny and oversight of engagement with any crypto transactions and third-party virtual asset service providers

Reputational risk

Improve visibility into cardholders’ crypto activity and the service provider risk profiles where they transact

Fraud risk

Detect and prevent fraud for crypto asset-related transactions 

HOW CRYPTO SECURE WORKS

A simple intuitive dashboard provides greater visibility of crypto spend, transaction volumes and AML risk rating exposure

CASE STUDY

Identifying approval optimization opportunities

With VASP AML risk insights, an issuer could identify opportunities to approve issuer-declined crypto transactions from low-risk VASPs 2 , totalling more than $8 million total potential GDV.

 

Close

An issuer was unable to appropriately identify crypto transaction risk from virtual asset service providers (VASPs) in its portfolios, so set policies to decline 65% of crypto transactions worth $35 million gross dollar volume (GDV).

With VASP AML risk insights, the issuer could identify opportunities to approve issuer-declined crypto transactions from low-risk VASPs 2 , totalling more than $8 million total potential GDV.

Source: Mastercard transaction data from Jan.–Dec. 2022

Read more

Contact us

Get in touch to learn more about our crypto risk  solutions

Contact us

1 "Crypto transaction" refers to any transaction where a payment card is used to purchase a crypto asset.

2 Please note that Crypto Secure provides risk scores based on a VASP's AML risk assessed on the VASP's overall anti-money laundering (AML) risk and is generated by assessing the VASP's risk attributes including its geography (based on European Union, OFAC, FATF and other designations), product, operations (including KYC processes, AML controls and sanctions hits), regulations and reputation (including material negative news). Crypto Secure is not designed to replace other risk analytic tools such as fraud scoring tools or other counterparty/credit risk tools which may be appropriate for the issuer to employ to assess risk in crypto transactions in countries where purchases of crypto assets are permitted by local regulations.

Crypto Secure information is provided to assist issuers with approval decisions but the final decision on whether to approve or decline any transactions rests with the issuer.

LinkedIn X Facebook Email Home Crypto Secure Need help? We're always here when you need us Contact us

company

Who we are Press Careers

Mastercard sites

Mastercard.com Mastercard Data & Services Mastercard Brand Center Mastercard Developers Priceless.com © 2024 Mastercard Privacy Terms LinkedIn Instagram X YouTube Manage Cookies

---

Posted by Jack Read more Comments (15) 2024.12.12 21:07