Mastercard and chainlink Partners to enable crypto purchases directly onchain

[IceLincoln]

Mastercard and Chainlink together with shift4 and Zerohash are launching a service that will enable users to buy cryptocurrencies directly onchain without any intermediaries or centralised exchanges.
This service is powered by Swapper Finance

How it Works:
1. The User inputs his card (Mastercard) details on the dApp platform (Swapper).
2. The payment is processed through Mastercard to Shift for authorisation and conversion.
3. Zerohash handles the core compliance, custody and transaction infrastructure converting fiat to crypto in a regulated manner.
4. Chainlink confirms the transaction and activates smart contract.
5. A decentralised exchange like Uniswap executes the token swap
6. Tokens are immediately deposited directly to user’s wallet

I believe this move brings a lot of benefits to the crypto space, for one it’ll remove the need for intermediaries and it’ll also increase adoption considering the vast user base of Mastercard



https://www.mastercard.com/us/en/news-and-trends/press/2025/june/mastercard-chainlink-crypto.html

[_act_]

They are only exposing people to have more easy means to buy those pumped tokens that will later be dumped and inexperienced people will go for it and buy the useless tokens and lose.

Although I do not find this interesting at all but if anyone can be buying the tokens directly, there will be no need to be first converting to stable coin like USDT before buying the tokens but it will be directly. Am I right?

[IceLincoln]

They are only exposing people to have more easy means to buy those pumped tokens that will later be dumped and inexperienced people will go for it and buy the useless tokens and lose.

Yeah it’s true that anything that has an advantage also has a disadvantage, while this will make buying of crypto easier it might also increase the number of people falling for shitcoins which is why one needs to be careful and knowledgeable enough.

Although I do not find this interesting at all but if anyone can be buying the tokens directly, there will be no need to be first converting to stable coin like USDT before buying the tokens but it will be directly. Am I right?

I think that’s the whole idea of it, eliminating that procedure for you. You just need to put in your card details and in one go the system handles the rest.

[Felicity_Tide]

~snip

I believe this move brings a lot of benefits to the crypto space, for one it’ll remove the need for intermediaries and it’ll also increase adoption considering the vast user base of Mastercard

Yeah, it is going to bring benefits, but the negative side doesn't look good at all.

If I understood correctly, a user inputs their MasterCard pin right?, which is already a problem to privacy for those that really care.
Another problem is the too many companies and steps involved. I think the time taken to process a purchase might be longer than what users have experienced elsewhere. Mind you, MasterCard and Zerohash are central bodies too, so i don't really think this whole process is to avoid intermediaries in the first place. Let's just say that it was introduced to serve as an alternative to Cex.

And also, fees are going to be a problem. Just imagine a user paying fees to all the entities involved while making a purchase. I believe lots of users are going to consider the fees, while others will consider their privacy or both.

[justdimin]

Mastercard and Chainlink together with shift4 and Zerohash are launching a service that will enable users to buy cryptocurrencies directly onchain without any intermediaries or centralised exchanges.
This service is powered by Swapper Finance

We know mastercard and chainlink is a just another shitcoin and dead almost. Who are the others? These shift4, Zerohash and Swapper are involving here and you still call it "without any intermediaries". Being decentralized might be possible for any case but that is not a prime criteria for anyone to believe you but you need to be open-source. You are showcasing no-intermediate and decentralized are as big things but no mention about open-source codes.

5. A decentralised exchange like Uniswap executes the token swap

This one step is more than enough for achieving no-intermediate and decentralization. Using a master card is not a case for everyone.

[Ziskinberg]

It’s big news, but also a bit hyped since not everyone is actually interested in buying crypto. But still, Mastercard has 3.5 billion users globally, so that’s a massive market. Their involvement could really help push crypto adoption forward. This ties in with DeFi again, and by the way, they’ve partnered with Chainlink, so if this turns out to be successful, that altcoin could benefit a lot.