Posted 2/20/2024, 3:29:00 PM
Mastercard Teams Up with Swoo Pay to Bring Crypto Rewards to Underserved Android Users
- Mastercard partners with Swoo Pay app to offer crypto loyalty rewards and reach users not served by Google Pay
- Pilot saw 17,000 users earn 5% crypto cashback on purchases
- Targets regions like Africa and Southeast Asia, including countries with many Huawei phones without Google services
- Mastercard backs the Swoo tokens used for rewards
- Aims to solve issues with tokenized payments for Android users, making crypto rewards more accessible