Visa And Mastercard Need Solid Layer-2 Infrastructure To Process Payments In The Metaverse
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. The future of Visa and Mastercard may reside in the Metaverse. Both payment processing giants have made inroads in the virtual world , even though they may not use Ethereum for a broader rollout. In addition, other scalable networks provide viable opportunities to process payments for the Metaverse. Visa & Mastercard Tap The Metaverse Everyone is paying attention to Web3 and where that technology will lead us. Some expect a big virtual world that breaks down the barrier between digital and real-world life. Others see it more as an entertainment space where they can hang out. Regardless of the vision, there will be a need to process payments. Moreover, not all payments need to be in cryptocurrency, either. Both Visa and Mastercard acknowledge the underlying potential of the Metaverse. Although these companies combin...