Mastercard partners with crypto payment firm MoonPay for Web3 services

International payment giant Mastercard continues checking out cryptocurrency benefits through a new partnership with crypto payment platform MoonPay.MoonPay formally announced on Oct. 25 a collaboration with Mastercard aiming to collectively check out how Web3 tools can improve experiential marketing or discover brand-new ways to connect with Mastercards consumers.The firm likewise took to X (formerly Twitter) to report that MoonPays enterprise president, Keith Grossman, and Mastercards chief marketing and communications officer, Raja Rajamannar, announced the collaboration at Money20/20 in Las Vegas.MoonPays partnership statement with Mastercard. Source: X (formerly Twitter)” Mastercard will take advantage of MoonPays whole Web3 portfolio, including auth to minting to ETHPass and more as well as work carefully with our agency, Otherlife, for method, imaginative and front-end dev work for their experiential efforts,” Grossman composed in a post on LinkedIn.Apart from new Web3 customer experiences, MoonPay will also work to integrate Mastercard items and services to increase compliance and trust across the Web3 market. MoonPay will specifically be integrating Mastercards tools like “Click to Pay,” Mastercard Send and Mastercard Crypto Credentials into its payment solutions.Related: Mastercard reveals successful wrapped CBDC trial results” Were so grateful for the partnership and even more ecstatic about whats ahead.