MoonPay Partners With FIS to Support Global Expansion
- MoonPay will use WorldPay from FIS merchant services to process crypto transactions using debit and credit card.
- The service will be available in more than 160 countries and support 80 cryptocurrencies and various NFTs.
Shutterstock
According to a press release published on 14 July, MoonPay has partnered with financial technology company FIS, enabling it to expand to over 160 countries and support 80 digital currencies. MoonPay will use Worldpay from FIS merchant services to process consumer credit and debit card-based purchases and sales of cryptocurrencies as well as NFTs.
FIS is a leading provider of technology solutions for merchants, banks, and capital market firms globally, processing over $2 trillion in transactions annually. It has announced several cryptocurrency-focused initiatives in the past few months, further cementing its dedication to becoming a leader in the crypto space.
“As an early supporter of card-to-crypto services for cryptocurrency exchanges, Worldpay brings a wealth of experience to MoonPay as the company seeks to take crypto and NFT purchasing to a wider global market,” said Jason Pavona, General Manager for North America, FIS Merchant Solutions. “Interest in digital currencies, as well as NFTs, continues to grow, and we’re eager to work with innovative companies like MoonPay that are making these new technologies more accessible to more people.”
- The so called “World App” crypto wallet will make use of the project’s “World ID” system to effectively distinguishes between humans and AI.
- While everyone will be able to use the new wallet, only verified “World ID” holders will enjoy gas-free transactions within the Worldcoin ecosystem.
Shutterstock
- MetaMask expanded its partnership with MoonPay to allow users in Nigeria to buy cryptocurrencies directly from its mobile wallet app and Portfolio dApp.
- MetaMask noted that the new crypto on-ramp feature will be expanded to other African countries in the coming month, including Kenya, Botswana, and South Africa.
- The new partnership with Moonpay allows Uniswap users to purchase crypto using debit and credit cards, as well as bank transfers, directly on the popular DEX.
- The platform will initially support purchases of DAI, ETH, USDC, USDT, wBTC, and wETH on the Ethereum, Polygon, Optimism, and Arbitrum networks.