Information Technology
Mastercard teams up with Mercuryo and Polygon Labs to expand Mastercard Crypto Credential to self-custody wallets, making crypto transfers more accessible
Mastercard Crypto Credential helps verify interactions among consumers and businesses using blockchain networks by offering simple aliases to replace typically long and complex addresses. Making the solution available to self-custody wallets aims to increase inclusivity, security, and scalability for users while supporting trust, and driving industry innovation.
This marks an important milestone in the program's global rollout. As the first native blockchain network to support the solution, Polygon Labs will provide the foundational infrastructure. Mercuryo will be the first issuer to handle user onboarding. Paired with Mastercard's trusted verification framework, this creates a comprehensive solution for verified, alias-based crypto transfers—offering fast, low-cost transactions ideal for digital payments and asset transfers.
said Raj Dhamodharan, executive vice president, Blockchain & Digital Assets at Mastercard.
Petr Kozyakov, Co-Founder and CEO of Mercuryo, said,
said Marc Boiron , chief executive officer of Polygon Labs.
Mastercard Crypto Credential is supported by the company's broader Web3 ecosystem partnerships that ensure the solution is interoperable, trusted, and developer-ready across a wide range of Web3 applications, from payments and NFTs to identity and ticketing.
To learn more and to create a Mastercard Crypto Credential, please visit:
Joe Morgan, PR Manager, Mercuryo
j.morgan@mercuryo.io
Biz Cozine, Director, Global Communications, Mastercard
Biz.Cozine@mastercard.com
Mercuryo is a leading payment infrastructure platform in the digital token space. Standing out in the decentralized ecosystem by enhancing payment use case growth and on-chain integration, Mercuryo's intuitive and robust solutions are powering the next generation of Web3 payment services. Mercuryo's innovative payment products such as Spend bridge the gap between TradFi, Web2 and Web3. Mercuryo is the proud partner of leading pillars in the digital token economy such as Ledger, MetaMask, Trust Wallet and Revolut. Driven by an evolving product suite, Mercuryo is expanding further and continuing to innovate with a diversified stack of payment services.
Learn more at: https://mercuryo.io/
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're building a resilient economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
www.mastercard.com
Polygon Labs is a Web3 software company developing Polygon Proof-of-Stake network, the premiere blockchain for payments and RWAs, and Agglayer, a protocol to connect any blockchain or app for a unified cross-chain experience. Polygon PoS is known as the low-cost, high velocity network, with billions secured in stablecoins, supporting a robust payments ecosystem to help grow Agglayer use cases in a unified web3. Research from Polygon Labs has contributed to the development of widely-adopted zero-knowledge technology, with successful independent projects incubated through the Agglayer Breakout Program, such as Katana, Miden, PrivadoID, ZisK and more.
For more information, please visit polygon.technology .
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