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Mastercard Partners with MoonPay to Explore Multiple Integrati | Crypto Retro

Mastercard Partners with MoonPay to Explore Multiple Integrations

Digital assets payment platform, MoonPay announced a partnership with global payment firm Mastercard to advance web3 integrations, build connections, and boost marketing tools.

MoonPay revealed the new development in a blog post adding on X (Twitter) that Keith Grossman the company’s Enterprise President and Raja Rajamannar Mastercard’s Chief Marketing Officer spoke on the move at the Money20/20 event in Las Vegas.

“We’re excited to collaborate with Mastercard, a prominent supporter of Web3 and the digital economy, to redefine customer loyalty and engagement.”

Digital marketing remains at the center of the partnership as Mastercard seeks modern solutions to expand its boost customer loyalty, and engagements and build on a partnership the firm began in 2022.

“Together, MoonPay and Mastercard will explore how Web3 tools can enhance experiential marketing—including across Mastercard’s renowned sponsorship portfolio—to connect with consumers in new ways.”

According to the release, Otherlife, a subsidiary of MoonPay, would provide web3 creative services to both companies and solutions created playing a key role in the partnership.