Mastercard teams up with Moonray to dive in Web3

Oct 26, 2023
Mastercard announced a merger with the cryptocurrency and NFT payment application Moonray to study the impact of Web3 on consumers and increase their loyalty.

According to a blog post by the payment giant, the partnership allows MoonPay to use the Crypto Credential Mastercard system. This guarantees the reliability of transactions and their compliance with regulations, as well as the ability to integrate payment technologies such as Mastercard Send and Click to Pay.

Moonray CEO Ivan Soto-Wright stated that he is glad to cooperate with a well-known supporter of Web3 in order to monitor, evaluate customer loyalty and engagement.

Moonray’s subsidiary Otherlife, which provides the services of the Web3 creative agency, will play an important role in the partnership.