Mastercard selects Polygon to introduce verified username feature for self-hosted wallet.
Fire News Finance reported on November 18 that Mastercard has chosen Polygon to support its new system, which allows users to send cryptocurrency to verified usernames without the need to use lengthy wallet addresses. Mastercard's crypto credentials standardize blockchain address verification by enabling readable aliases. The cryptocurrency payment API company Mercuryo is responsible for validating and issuing these aliases, which users can associate with their hosted wallet. This transfer method is similar to transferring funds using a username instead of bank details, and users can also apply for tokens on Polygon to prove their wallet supports verified transfers and assist applications in processing credential-based transactions.
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Mastercard selects Polygon to introduce verified username feature for self-hosted wallet.
Fire News Finance reported on November 18 that Mastercard has chosen Polygon to support its new system, which allows users to send cryptocurrency to verified usernames without the need to use lengthy wallet addresses. Mastercard's crypto credentials standardize blockchain address verification by enabling readable aliases. The cryptocurrency payment API company Mercuryo is responsible for validating and issuing these aliases, which users can associate with their hosted wallet. This transfer method is similar to transferring funds using a username instead of bank details, and users can also apply for tokens on Polygon to prove their wallet supports verified transfers and assist applications in processing credential-based transactions.