ConsenSys Announces Partnership with Payment Firm Mercuryo
- ConsenSys has announced the integration of its MetaMask crypto wallet with payments company Mercuryo.
- The integration will allow MetaMask users to purchase cryptocurrencies using bank cards, Apple Pay and various bank transfer methods.
- The goal is to simplify investment in crypto assets with “instant checkouts and easier user onboarding.”
- Up to €699 ($743.61) in crypto in 5 easy steps without the involvement of lengthy verification processes.
A prominent blockchain company, which is responsible for the development and maintenance of Ethereum-based crypto wallet MetaMask, has announced its partnership with payments company Mercuryo, which claims to be backed by a team of 200+ professionals and a high profile fintech investor. This partnership comes at a time when the collaboration between firms and the development of blockchain technology has slowed down considerably.
As per the press release shared by ConsenSys on Feb. 16, the “collaboration streamlines the process of acquiring digital assets by allowing purchases directly within the mobile wallet using bank cards, Apple Pay, Google Pay, and various local payment methods.” This basically means that users of MetaMask will be able to bypass the main crypto exchanges and directly purchase crypto coins using their banks.
“Collaborations with market leaders like MetaMask are an exciting opportunity for Mercuryo to help more people experience cryptocurrencies in the easiest way possible. Instead of opening yet another new account at one of the exchanges, the users can manage their digital assets on a single platform. We always put customers and their convenience first when enhancing business services with our products,” said Petr Kozyakov, CEO of Mercuryo.
The goal behind the integration of ConsenSys’ MetaMask with Mercuryo is to simplify investment in crypto assets with “instant checkouts and easier user onboarding.” It was also confirmed that “the partnership would also benefit those looking for a quick and easy way to restock their portfolio.” All the crypto investors using MetaMask will therefore be able to buy popular tokens and coins with more than two dozen fiat currencies.
Cryptocurrency purchases are often subject to great scrutiny, and most crypto exchanges demand investors follow lengthy verification processes. However, it is also crucial to note that ConsenSys will allow MetMask users to purchase up to €699 ($743.61) in crypto in 5 easy steps without the involvement of lengthy verification processes.
The ConsenSys blog explained that in order to buy crypto using MetaMask, users need to log in to the app, tap on “Buy,” and select the payment method. Thereafter, they will be required to input the desired amount and token that they want to purchase. The final step is to review quotes and choose one from Mercuryo, then complete the transaction by following the link to the Mercuryo website.
“Our integration with Mercuryo helps streamline onboarding and the process of acquiring digital assets, including the option to purchase up to €699 in crypto without complex identity verification,” said Lorenzo Santos, Product Manager for MetaMask. “This enables our users to seamlessly explore the Web3 ecosystem, including NFT marketplaces, play-and-earn games, decentralized autonomous organizations (DAOs), decentralized finance (DeFi) applications, and metaverse worlds.”
As reported earlier by BitcoinWisdom, ConsenSys recently debuted MetaMask Learn, a learning simulation platform focused on Web3 to “help users orient themselves in the world of web3 and self-custodial wallets.” The platform will be available in 10 languages and will combine “visual learning with action-oriented testing.”
A crypto journalist with over 3 years of experience in DeFi, NFT, metaverse, etc. Parth has worked with major media outlets in the crypto and finance world and has gained experience and expertise in crypto culture after surviving bear and bull markets over the years.
