MetaMask adds Mercuryo to streamline crypto purchases
Quick Take
- A collaboration between Mercuryo and MetaMask developer ConsenSys aims to offer seamless cryptocurrency purchases directly from the web3 wallet using bank cards, Apple Pay and Google Pay.
- Smaller purchases can be made without full identity verification.
MetaMask developer ConsenSys has teamed up with the global payments platform Mercuryo to streamline the process of purchasing cryptocurrencies directly from the web3 wallet using bank cards, Apple Pay and Google Pay.
The integration offers support for 19 fiat currencies and 18 cryptocurrencies, including ether, dai, tether and USDC. The partnership was announced in a statement on Thursday.
“Collaborations with market leaders like MetaMask are an exciting opportunity for Mercuryo to help more people experience cryptocurrencies in the easiest way possible,” Mercuryo CEO Petr Kozyakov said in the statement. “Instead of opening yet another new account at one of the exchanges, the users can manage their digital assets on a single platform.”
Cryptocurrency purchases can be complex, often requiring time-consuming know-your-customer (KYC) and anti-money laundering (AML) checks. The Mercuryo integration aims to simplify the procedure with an instant checkout and easier onboarding process, enabling MetaMask users to purchase up to €699 ($750) without needing full identity verification.
MetaMask integrations
"Our integration with Mercuryo helps streamline onboarding and the process of acquiring digital assets," said MetaMask product manager Lorenzo Santos. "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.”
The move is the latest in a series of integrations aiming to improve and diversify available payment options for MetaMask users. Last week, MetaMask also integrated with Onramp.money, allowing Indian users to purchase cryptocurrency directly from the web3 wallet.
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