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MoonPay Teams up With Mastercard To Elevate Web3 Innovations

Published 10/27/2023, 05:41 AM
Updated 10/27/2023, 05:45 AM
MoonPay Teams up With Mastercard To Elevate Web3 Innovations
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  • MoonPay and Mastercard have formed a collaboration to introduce additional Web3 technologies.

  • MoonPay intends to enhance trust, compliance, and efficiency in Web3.

  • MoonPay will leverage Mastercard’s Crypto Credential standards to validate interactions between consumers and businesses.

MoonPay collaborates with Mastercard to incorporate additional Web3 technologies to enhance experiential marketing. MoonPay, a crypto payment service, shared on its website that it is teaming up with Mastercard to drive innovation and strengthen consumer connections.

In the announcement, MoonPay claimed that by embedding Mastercard products and solutions, they would be able to drive “trust, compliance, and efficiency” within the Web3 ecosystem. Furthermore, MoonPay’s CEO, Ivan Soto-Wright believed that this collaboration was a “big step forward for Web3.”

Soto-Wright stated that by collaborating with Mastercard, which is a prominent supporter of Web3 and the digital economy, they would be able to redefine customer loyalty and engagement.

He said, “Joining forces will create new opportunities to sho…

The post MoonPay Teams up With Mastercard To Elevate Web3 Innovations appeared first on Coin Edition.

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