TechFlow reported, according to CoinDesk, that Mastercard announced at the Money20/20 event in Las Vegas its collaboration with cryptocurrency and NFT payment application MoonPay to explore how blockchain-based Web3 worlds can engage consumers and build loyalty.
This partnership enables MoonPay to leverage Mastercard's cryptographic credentialing system—a method ensuring transactions are trustworthy and compliant—and integrates payment technologies such as Mastercard Send and Click to Pay.
In addition, Otherlife, a subsidiary of MoonPay offering Web3 creative agency services, development, strategy, and experience solutions, will play a key role in this collaboration.
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