{"id":24190,"date":"2023-10-26T08:23:13","date_gmt":"2023-10-26T08:23:13","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/mastercard-and-moonpay-join-forces-to-foster-web3-loyalty\/"},"modified":"2023-10-26T08:23:13","modified_gmt":"2023-10-26T08:23:13","slug":"mastercard-and-moonpay-join-forces-to-foster-web3-loyalty","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/mastercard-and-moonpay-join-forces-to-foster-web3-loyalty\/","title":{"rendered":"Mastercard and MoonPay Join Forces to Foster Web3 Loyalty"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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Mastercard and MoonPay, a payments service that specializes in cryptocurrencies and non-fungible tokens (NFTs), have partnered in a major way. The goal of this collaboration is to investigate how the Web3 ecosystem, which is built on blockchain technology, can interact with customers and win their enduring loyalty. The declaration was made in Las Vegas during the Money20\/20 event.<\/p>\n

Mastercard\u2019s Web3 Endeavors<\/h2>\n

Mastercard\u2019s participation in the Web3 environment demonstrates the card network\u2019s dedication to the developing digital economy. Mastercard has recently taken steps to enter new markets<\/a>, including stablecoin-based payments and the elimination of gas costs from Ethereum transactions. Remarkably, as disclosed in a Web3 workshop presentation, the business has been collaborating closely with non-custodial wallet providers MetaMask and Ledger.<\/p>\n

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Through this cooperation, MoonPay will have access to Mastercard\u2019s Crypto Credential system, which is a tool used to make sure cryptocurrency transactions are reliable and compliant with regulations. To improve its payment capabilities, MoonPay will also incorporate important Mastercard payment technologies, such as Click to Pay and Mastercard Send.<\/p>\n

MoonPay\u2019s subsidiary, Otherlife, plays a pivotal part in this joint venture. Development, strategy, experience, and Web3 creative agency services are Otherlife\u2019s areas of expertise. Its participation is anticipated to have a major impact on the partnership\u2019s performance.<\/p>\n

Co-founder and CEO of MoonPay Ivan Soto-Wright highlighted Mastercard\u2019s strong support of Web3 and the digital economy in his statement of delight about the partnership. He underlined that their shared goal in the Web3 era is to reinvent consumer engagement and loyalty.<\/p>\n

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The financial industry\u2019s investigation of the prospects and difficulties posed by the Web3 world has progressed significantly with the collaboration between Mastercard and MoonPay. Collaborations such as this are anticipated to be crucial in determining how payments and consumer engagement are shaped going forward, given how quickly the digital world is changing.<\/p>\n<\/p><\/div>\n

Source link <\/a>
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(Originally posted on : Crypto News – iGaming.org ) Mastercard and MoonPay, a payments service that specializes in cryptocurrencies and non-fungible tokens (NFTs), have partnered in a major way. The goal of this collaboration is to investigate how the Web3 ecosystem, which is built on blockchain technology, can interact with customers and win their enduring […]<\/p>\n","protected":false},"author":34,"featured_media":24191,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24190"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=24190"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24190\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/24191"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=24190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=24190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=24190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}