MoonPay Joins Jorces with Mastercard: Unveiling Partnership Details at Money20/20 in Las Vegas

In a groundbreaking partnership, MoonPay is teaming up with Mastercard to explore the innovative possibilities of Web3 technology in the realm of experiential marketing. This collaboration aims to not only revolutionize consumer connections but also enhance trust, compliance, and efficiency in the industry.

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MoonPay, known for its commitment to Web3 and the digital economy, is excited about this joint venture with Mastercard, a prominent supporter of Web3. The partnership seeks to redefine customer loyalty and engagement, leveraging blockchain’s potential to establish unique connections and meaningful moments while expanding the industry’s reach.
“Joining forces will create new opportunities to showcase blockchain’s potential in establishing unique connections and meaningful moments while broadening our industry’s overall reach.”

Ivan Soto-Wright, Co-founder & CEO of MoonPay
Underpinning this partnership is Otherlife, a subsidiary of MoonPay specializing in Web3 creative agency services, development, strategy, and experiential services. Their expertise will play a crucial role in driving the collaboration forward.

Mastercard’s dedication to blockchain technology and delivering enhanced experiences in the evolving digital landscape is evident. Earlier this year, the company introduced the Mastercard Artist Accelerator, a Web3 and music education platform empowering musicians to create, collaborate, and monetize their work using Web3 tools and resources.

Furthermore, MoonPay will harness the power of Mastercard Crypto Credential, a set of common standards and infrastructure validating trusted interactions between consumers and businesses on blockchain networks. The collaboration will also explore the integration of Mastercard’s leading payments technology, including Mastercard Send and Click to Pay, into MoonPay’s Web3 stack.

The exciting partnership between MoonPay and Mastercard was first unveiled by Keith Grossman, MoonPay’s President of Enterprise, and Raja Rajamannar, Mastercard’s Chief Marketing & Communications Officer, at Money20/20 in Las Vegas. This collaboration promises to drive innovation, create unique consumer experiences, and contribute to the ongoing evolution of Web3 technology in the digital economy.

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Catch up on MoonPay’s innovative journey with our previous coverage. Discover how MoonPay introduced a seamless swapping feature, revolutionizing digital transactions Read Here. Additionally, explore their acquisition of EthPass, enabling effortless digital experiences with Apple and Google Wallets Read Here.

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