ConsenSys announced its cooperation with Mercury to provide seamless purchase of cryptocurrency in MetaMask

On February 16, ConsenSys announced that it would cooperate with Mercuryo, an encryption payment company, to integrate in MetaMask, which would allow MetaMask users to bypass mainstream exchanges and directly purchase encrypted tokens using bank cards, Apple Pay, Google Pay and various local payment methods.

Interpretation of this information:

ConsenSys, an American software company, has announced a collaboration with Mercuryo to enable MetaMask users to purchase encrypted tokens directly without having to rely on mainstream exchanges. This integration will enable MetaMask users to buy encrypted tokens via bank cards, Apple Pay, Google Pay, and several local payment methods. The new partnership seeks to provide an efficient and seamless experience for users, enabling them to buy and trade encrypted tokens directly without the need for conventional exchanges.

The integration with Mercuryo is a significant move for ConsenSys, given Mercuryo’s expertise in the payments industry. Mercuryo is a growing payment company that provides a seamless payments experience for businesses and individuals across the globe. Its experience in the payment industry strongly indicates that the platform will be accessible to a larger pool of users, thereby reducing the barriers to entry in the encrypted token market.

Furthermore, the partnership between ConsenSys and Mercuryo creates a fantastic platform for new users seeking to enter the encrypted token market since they will now have access to a payment gateway that is intuitive and easy to use. Allowing users to purchase encrypted tokens directly from MetaMask reduces the complexities of traditional payment methods that were previously associated with purchasing encrypted tokens.

The partnership between ConsenSys and Mercuryo is a good example of the increasing collaboration between payment industry players and crypto companies. This collaboration not only benefits users but also creates possibilities for new business models and revenue streams for payment companies. It also provides more opportunities for blockchain companies to widen the adoption of cryptocurrency by creating more convenient payment options.

In summary, the integration between ConsenSys and Mercuryo is an exciting development that will revolutionize the encrypted token market by providing a seamless buying experience for users. The new payment options provided by the integration are bank cards, Apple Pay, Google Pay, and local payment methods. The integration reduces the complexities of traditional payment methods that were previously associated with purchasing encrypted tokens while creating opportunities for new business models and revenue streams for payment companies.