Mastercard Partners With MoonPay To Promote Web3 Development
⚡️ Mastercard has partnered with cryptocurrency payment app and NFT MoonPay, aiming to explore potential integration possibilities and build consumer loyalty in the Web3 ecosystem.
⚡️ Mastercard will use MoonPay's crypto payment infrastructure and expertise to build its existing Web3 programs, such as the Mastercard Artist Accelerator.
⚡️ This partnership allows MoonPay to use Mastercard's cryptocurrency clarification system, and integrates Mastercard's payment products such as Mastercard Send and Click to Pay. Otherlife, a subsidiary of MoonPay, provides creative, development, strategy and Web3 experience agency services, playing a key role in this partnership.
⚡️ MoonPay co-founder and CEO Ivan Soto-Wright said this is a big step forward for Web3. 'The collaboration will create new opportunities to demonstrate blockchain's potential to establish unique connections and meaningful moments while expanding the overall reach of our industry,' said Soto-Wright.
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