MetaMask integrates with Mercuryo to allow crypto purchases with bank cards
MetaMask’s parent company, Consensys, has confirmed a partnership with payment provider Mercuryo to allow users to purchase cryptocurrencies directly using bank cards and other local payment methods.
The hassle of identity checks on centralized exchanges has discouraged many users with little crypto experience from migrating fiat to crypto for use in decentralized finance (DeFi) services. I was.
In an effort to streamline the on-ramp process, decentralized wallet provider ConsenSys announced On February 16th, we announced that it was integrated with Mercuryo’s infrastructure, allowing users to purchase crypto directly within their MetaMask wallets.
Direct purchase of cryptocurrencies in local currency
MetaMask users can directly purchase up to 18 supported cryptocurrencies using bank cards, Apple Pay, Google Pay, and various local payment methods.
First, MetaMask said it will support up to 20 fiat currencies, including USD, EUR, GBP, South Korean Won and Nigerian Naira.
MetaMask Product Manager Lorenzo Santos said:
“Integration with Mercuryo streamlines the onboarding and acquisition process for digital assets, including the option to purchase up to €699 of cryptocurrency without complicated identity checks.”
In a related development, MetaMask has confirmed that it has integrated with Onramp.money to make it easier for MetaMask users in India to purchase cryptocurrencies.
