MoonPay, BitPay partner to simplify crypto transactions

MoonPay, a web3 fintech firm, and BitPay, a crypto payment platform, have teamed up to simplify crypto transactions to make the process more seamless.

MoonPay announced via social media that the partnership will enable easier and faster crypto sales and streamline the way users transfer cryptocurrency to their bank accounts or debit cards.

The integration aims to simplify the digital finance landscape and provide accessible payment solutions, potentially helping crypto users navigate and transact more efficiently.

BitPay expanded its platform in January by supporting a wider range of cryptocurrencies, including Uniswap (UNI), Chainlink (LINK), and BNB. This allowed customers to use digital assets for bill payments and product purchases.

Earlier this month, MoonPay allowed US customers to buy and sell more than 110 cryptocurrencies through PayPal. This integration has overcome banking limitations, increased transaction success rates, and expanded available currencies including Solana (SOL), Tether, and Dogecoin (DOGE) while protecting users’ personal and card information.

Mastercard partnered with MoonPay in October to explore potential integrations and consumer loyalty opportunities in the evolving web3 ecosystem.