MetaMask and Mercuryo’s Partnership Signals Smooth Crypto Transactions
On February 17, the MetaMask developer ConenSys reached a cooperation with the cross-border payment network Mercuryo. MetaMask integrated the Mercuryo service,…
On February 17, the MetaMask developer ConenSys reached a cooperation with the cross-border payment network Mercuryo. MetaMask integrated the Mercuryo service, which will simplify the process of using bank cards, Apple Pay and Google Pay to purchase cryptocurrency directly from the Web3 wallet MetaMask. The integration supports 19 fiat currencies and 18 cryptocurrencies, including Ethernet, DAI, USDT and USDC.
MetaMask integrates Mercury to simplify cryptocurrency purchases
Interpretation of the news:
Integrating payment gateways for cryptocurrency transactions has been among the most significant challenges for the cryptocurrency industry. Many people who want to invest in cryptocurrencies either struggle with the technicalities of the process or do not have the necessary infrastructure to engage in such transactions. However, the partnership between MetaMask and Mercuryo, announced on February 17, 2021, marks a significant move towards resolving such challenges.
MetaMask, a developer platform under the ConsenSys umbrella, is among the most widely used wallets for managing cryptocurrency transactions on the Ethereum blockchain. It provides users with a user-friendly interface that simplifies the transactional process. Through integrating with Mercuryo’s cross-border payment network, MetaMask is now a one-stop-shop for purchasing cryptocurrencies with bank cards, Apple Pay, and Google Pay.
Mercuryo’s payment gateway supports 19 fiat currencies, including USD, EUR, GBP, AUD, and CAD. This broadens the base of potential investors who can purchase cryptocurrencies through the payment gateway. Moreover, the payment gateway supports 18 cryptocurrencies, including Ethereum, DAI, USDT, and USDC. The integration of Mercuryo’s payment gateway with MetaMask is likely to enhance accessibility and eventually drive cryptocurrency adoption by making the transaction process more seamless and transparent.
In conclusion, the partnership between MetaMask and Mercuryo will enable both beginners and seasoned investors in cryptocurrencies from different countries and backgrounds to purchase cryptocurrencies as quickly and effortlessly as possible. This integration, which offers several fiat currencies and over a dozen cryptocurrencies, has the potential to improve the liquidity of cryptocurrencies and further push their adoption. The successful integration between MetaMask and Mercuryo is therefore a significant step towards making cryptocurrency transactions more accessible for everyone.
In summary, the announcement of the partnership between MetaMask and Mercuryo offers hope to investors looking to purchase cryptocurrencies using traditional payment gateways. The implications of this partnership on the industry are significant, and we are excited to see the impact it will have over time.
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