Mastercard partners with crypto payment firm MoonPay for Web3 services

Global payment giant Mastercard continues exploring cryptocurrency benefits through a new collaboration with crypto payment platform MoonPay.

MoonPay officially

“We’re so grateful for the partnership and even more excited about what’s ahead. Congrats to the full team,” Mastercard’s Web3 marketing Adam Polansky commented on Grossman’s post.

“We are excited about this partnership and what’s to come,” Mastercard’s partnership executive Elizabeth Taylor also wrote.

Mastercard had not yet officially announced the news at the time of writing. The firm did not immediately respond to Cointelegraph’s request for comment.

Mastercard has been actively exploring the blockchain and crypto industry, adding multiple industry products to its platform in recent years. In 2022, Mastercard launched a new program to allow banks to offer crypto trading capabilities to their customers in collaboration with Paxos. Mastercard also collaborated with Coinbase and MoonPay to bring its payments to Web3 and nonfungible tokens.

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