# Mastercard Blockchain Reviews **Vendor:** Mastercard **Category:** [Blockchain Payment Systems](https://www.g2.com/categories/blockchain-payments) **Average Rating:** 4.1/5.0 **Total Reviews:** 10 ## About Mastercard Blockchain Mastercard Blockchain facilitates new commerce opportunities for the digital transfer of value by allowing businesses and financial institutions to transact on a distributed ledger. Our technology can power multiple use cases and can help take time, cost and risk out of financial flows. ## Mastercard Blockchain Reviews ### 1. Works good but know your card **Rating:** 4.5/5.0 stars **Reviewed by:** Dan B. | Project Manager, Small-Business (50 or fewer emp.) **Reviewed Date:** November 19, 2019 **What do you like best about Mastercard Blockchain?** Easy to use and saves a ton of time with our financial flows. **What do you dislike about Mastercard Blockchain?** Can be a bit cumbersome at first to learn all of the program features and benefits. **What problems is Mastercard Blockchain solving and how is that benefiting you?** Saving time and money with seamless interactions and transactions. ### 2. 2020 Technology **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Telecommunications | Mid-Market (51-1000 emp.) **Reviewed Date:** November 19, 2019 **What do you like best about Mastercard Blockchain?** I love that you can now process payments with mastercard.. New way of commerce opportunities fir digital transfer..it is also very safe **What do you dislike about Mastercard Blockchain?** You cant pay with cyrpto-currency..also cant batch multiple wallet transactions together **Recommendations to others considering Mastercard Blockchain:** Nothing **What problems is Mastercard Blockchain solving and how is that benefiting you?** Transferring fubds in a safe way.. Digital currency ### 3. The next step forward **Rating:** 4.5/5.0 stars **Reviewed by:** Luca W. | Web Designer, Internet, Mid-Market (51-1000 emp.) **Reviewed Date:** August 15, 2018 **What do you like best about Mastercard Blockchain?** MasterCard revealed a platform that enabled organisations to make B2B payments over a blockchain-based network. That innovation was called the Mastercard Blockchain, being very trustworthy and in a controled enviroment, it has the premise of being the next big thing incorporated with the one of the biggest and trustworthy suppliers of payments in the world. **What do you dislike about Mastercard Blockchain?** To the purist, and people not wanting to give entire control to corporates and being a peer to peer trustless network, it is not the way to go, but it will improve the speeds of payments and much more **What problems is Mastercard Blockchain solving and how is that benefiting you?** We are experimenting and looking forward for this to be more involved in the industry ### 4. Mastercard Blockchain **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Retail | Enterprise (> 1000 emp.) **Reviewed Date:** November 20, 2018 **What do you like best about Mastercard Blockchain?** I'm able to create multiple projects and customize them to fit the needs of the project. It allows me to manage connections for receiving proposals and innovative ideas. There are multiple applications that help to improve and organize individual work style. **What do you dislike about Mastercard Blockchain?** There isn't a secondary system for blocking or verification against cybernetic robots. Your information is exposed because of this. **What problems is Mastercard Blockchain solving and how is that benefiting you?** The ability to create individualized and multiple projects at the same time. Give me the ability to manage connections for receiving proposal and innovative ideas. ### 5. Digitalised transfer of value **Rating:** 4.0/5.0 stars **Reviewed by:** Pranav T. | Project Engineer, Information Technology and Services, Enterprise (> 1000 emp.) **Reviewed Date:** August 14, 2018 **What do you like best about Mastercard Blockchain?** Gives the highest priority to privacy. Provides already designed templates to get new users started. Bigger firms can rely on this for funds transfer. **What do you dislike about Mastercard Blockchain?** It brought a new patent that there would be no bitcoin transactions on MasterCard credit cards. Also, it works only by invitation. **Recommendations to others considering Mastercard Blockchain:** Skip carrying your credit cards and switch to MasterCard blockchain. **What problems is Mastercard Blockchain solving and how is that benefiting you?** I am able to send money over a blockchain rather than swiping my cards. ### 6. Interesting New Concept **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Textiles | Mid-Market (51-1000 emp.) **Reviewed Date:** August 16, 2018 **What do you like best about Mastercard Blockchain?** I like that this provides a secure way to search and complete transactions. Everything will be recorded instantly which will help track transactions as well. It is a great way to make B2B transactions. **What do you dislike about Mastercard Blockchain?** This is still a fairly new concept so it is has its kinks. Also not using crypto currency is different so we will see how it all plays out. **What problems is Mastercard Blockchain solving and how is that benefiting you?** Easily track transactions and save information from them. ### 7. Great **Rating:** 4.0/5.0 stars **Reviewed by:** Taylor S. | Chinese Adoptee, Mid-Market (51-1000 emp.) **Reviewed Date:** June 13, 2018 **What do you like best about Mastercard Blockchain?** Mastercard Blockchain ensures the safety of both my own company and that of the customers. There is no room for mistakes **What do you dislike about Mastercard Blockchain?** At the present moment, I have no complaints about Mastercard Blockchain. **What problems is Mastercard Blockchain solving and how is that benefiting you?** Previously, we did not realize the importance of a two-way contract for larger orders. This ensures the safety of both parties. ### 8. Secure and effective blockchain for hassle-free transfers **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Higher Education | Enterprise (> 1000 emp.) **Reviewed Date:** August 17, 2018 **What do you like best about Mastercard Blockchain?** Encrypted transactions, extensive authentication and security mechanisms, easy for users to setup and use. **What do you dislike about Mastercard Blockchain?** The pricing should've been economical or atleast according to scale of businesses operating the blockchain. **Recommendations to others considering Mastercard Blockchain:** Better user design, easy password recovery and less downtime. **What problems is Mastercard Blockchain solving and how is that benefiting you?** Security, Privacy, Authentication. ### 9. Fast and Trusted Financial Partner **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Hospital & Health Care | Enterprise (> 1000 emp.) **Reviewed Date:** August 16, 2018 **What do you like best about Mastercard Blockchain?** The trust that the business has in Mastercard to carry out transactions as expected **What do you dislike about Mastercard Blockchain?** The business flow is difficult to navigate when running into a problem **What problems is Mastercard Blockchain solving and how is that benefiting you?** Able to forgo POs and quickly receive orders on time ### 10. It's a great business tool **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Non-Profit Organization Management | Mid-Market (51-1000 emp.) **Reviewed Date:** June 25, 2018 **What do you like best about Mastercard Blockchain?** It really helps out with many of my transfer needs in my circle **What do you dislike about Mastercard Blockchain?** It limits who I can transfer to. I can't transfer as easily out side of my blickchai circle. **What problems is Mastercard Blockchain solving and how is that benefiting you?** I am not really sure that the block chain is beneficial on my end of it. ## Mastercard Blockchain Discussions - [What is Mastercard Blockchain used for?](https://www.g2.com/discussions/what-is-mastercard-blockchain-used-for) - [View Mastercard Blockchain pricing details and edition comparison](https://www.g2.com/products/mastercard-blockchain/reviews?section=pricing&secure%5Bexpires_at%5D=2026-06-12+19%3A42%3A08+-0500&secure%5Bsession_id%5D=13a52f18-606a-4f6a-a701-3a87e99d39f2&secure%5Btoken%5D=44ac7d92700281a9d2f630cfbf3f8ded8555deca2b0e2ec52e62ec400ee9d3d2&format=llm_user) ## Mastercard Blockchain Features **Functionality** - Security and Privacy Policies - Smart Contracts - Fraud Detection **Transactions** - Transaction Costs - Atomic Swap - Micro Payments - Wholesale Payments - Global Payments ## Top Mastercard Blockchain Alternatives - [Hyperledger](https://www.g2.com/products/hyperledger/reviews) - 4.1/5.0 (15 reviews) - [Zengo Wallet](https://www.g2.com/products/zengo-wallet/reviews) - 4.6/5.0 (212 reviews) - [Metamask](https://www.g2.com/products/metamask/reviews) - 4.4/5.0 (43 reviews)