Shares of The OLB Group Inc. (OLB) close to doubled to $8.77 after saying it’s ready to “immediately” process Mastercard bitcoin payments for merchants using the company’s OmniSoft business management platform and its SecurePay Payment Gateway Platform.
- OLB’s platform supports processing of multiple cryptocurrencies including bitcoin, ether, USDC and DAI across all merchant platforms, the company said in a statement Tuesday.
- Credit card giant Mastercard said last month it was integrating cryptocurrency payments into its platform through a partnership with digital asset firm Bakkt.
- OLB’s system also supports traditional credit card processing, digital wallets such as Apple and Google Pay, along with cryptocurrency-to-fiat conversions.
