Mastercard Announces Partnership with Chainlink
The high-profile integration will help cardholders convert fiat into crypto.
Mastercard teams up with Chainlink to link its card payment network to blockchain, letting billions of users buy cryptocurrencies directly on-chain.
What’s the Scoop?
- Direct On-Chain Purchases: Chainlink and Mastercard’s partnership enables over three billion Mastercard holders to buy cryptocurrencies directly on-chain.
- Integrated Service Flow: The collaboration involves Shift4 for card payments, zerohash for fiat custody, and decentralized platforms like
Uniswap for token swaps. - Bridging Payments and Blockchain: Chainlink’s interoperability protocol facilitates seamless transactions between Mastercard’s network and multiple blockchains.
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