Mastercard Crypto Credential will now enable all eligible Busha users as verified endpoints, enabling them to send and receive supported digital assets with greater confidence using their email or phone number instead of error-prone blockchain addresses
Lagos, Nigeria – Mastercard has partnered with Busha, a pan-African digital asset exchange, to expand Mastercard Crypto Credential across Africa and bring greater trust and simplicity to digital asset transfers.
Effective immediately, all eligible Busha users in Nigeria are enabled to use a unique Crypto Credential alias, expanding the network of verified users and making it easier to send and receive cryptocurrency across participating exchanges and wallets in the Crypto Credential ecosystem.
The partnership makes Busha among the first digital asset exchanges in Africa to enable Crypto Credential for its users, reinforcing both companies’ commitment to making digital asset transactions more trusted, simpler, and more accessible.
Mastercard Crypto Credential gives users greater confidence that funds are being directed to a trusted recipient by connecting them to endpoints that have met Mastercard verification standards. It also replaces lengthy blockchain addresses with a simple, verified alias that users can easily share to receive digital assets. Before a transaction is completed, the solution confirms that the recipient can receive the specific digital asset on the intended blockchain, reducing the likelihood of failed or misdirected transfers.
