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Seeking Alpha 2021-11-02 14:33:35

OLB Group stock doubles after enabling bitcoin payments through Mastercard

OLB Group (NASDAQ:OLB) stock soars 113% after the company said it's ready to process Mastercard (NYSE:MA) bitcoin payments. "Merchants utilizing OLB's OmniSoft business management platform and the company's SecurePay Payment Gateway Platform can activate Mastercard cryptocurrency transaction processing at any time," the company said in a statement. "The recent announcement from Mastercard that it is supporting cryptocurrency should accelerate public acceptance of Bitcoin and other currencies for conducting everyday business,” said OLB Group CEO Ronny Yakov. In late October, Bakkt shares climbed after forging partnerships with Fiserv and Mastercard

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