Mastercard and MoonPay enter into partnership to jointly promote Web3 business

Mastercard said at the Money20/20 event in Las Vegas that it has partnered with cryptocurrency and NFT payments app MoonPay to explore how the blockchain-based Web3 world can connect with consumers and build loyalty. . The partnership enables MoonPay to leverage Mastercard’s cryptographic credential system, a way to ensure transactions are trustworthy and compliant, and integrates payment technologies such as Mastercard Send and Click to Pay. In addition, Otherlife, a subsidiary of MoonPay that provides Web3 creative agency services, development, strategy and experience services, will play a key role in this cooperation. (CoinDesk)