Mastercard's Second Collab For The Day: MoonPay Partnership For Exploring Web3
Portfolio Pulse from Khyathi Dalal
Mastercard (NYSE:MA) and MoonPay have announced a partnership to explore how Web3 tools can enhance experiential marketing and connect with consumers. MoonPay will use Mastercard's Crypto Credential system and integrate payments technology like Mastercard Send and Click to Pay. Otherlife, MoonPay’s subsidiary, will play a key role in the partnership. Visa Inc (NYSE:V) has also been active in the Web3 space, extending its stablecoin settlement capabilities to the Solana blockchain and partnering with Bitcoin rewards app Fold.
October 25, 2023 | 10:19 pm
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Mastercard's partnership with MoonPay to explore Web3 tools could potentially enhance its marketing strategies and consumer engagement, potentially leading to increased revenues.
The partnership with MoonPay allows Mastercard to explore new avenues in experiential marketing and consumer engagement through Web3 tools. This could potentially lead to increased consumer interest and revenues for Mastercard.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Visa's efforts in the Web3 space, including extending its stablecoin settlement capabilities to the Solana blockchain and partnering with Bitcoin rewards app Fold, could potentially enhance its product offerings and increase its market reach.
Visa's expansion into the Web3 space, including its partnerships and product enhancements, could potentially increase its market reach and revenues. The company's efforts in this area demonstrate its commitment to innovation and staying ahead of market trends.
CONFIDENCE 70
IMPORTANCE 65
RELEVANCE 60