Keith Grossman Says Mastercard Is Using MoonPay's Entire Tech Stack On The Infrastructure Side; MoonPay Implementing Mastercard Quick-To-Pay
Portfolio Pulse from Benzinga Newsdesk
Keith Grossman announced that Mastercard is utilizing MoonPay's full technology stack for infrastructure, with MoonPay also implementing Mastercard's Quick-To-Pay feature. This collaboration highlights the integration of traditional payment systems with cryptocurrency payment infrastructure.
November 14, 2023 | 9:03 pm
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Mastercard is incorporating MoonPay's technology stack and Quick-To-Pay feature, indicating a strategic move into crypto payment infrastructure.
Mastercard's adoption of MoonPay's technology stack and the implementation of Quick-To-Pay feature suggest a significant investment in the integration of cryptocurrency payments. This could lead to increased transaction volume and customer base expansion, potentially boosting Mastercard's short-term stock performance.
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