MoonPay Completes US Card Trifecta with Discover Network Addition

MoonPay has added Discover Network cards to its platform, completing the US card trifecta for crypto buying and sales. This move signals a shift in how digital asset purchases are treated at the infrastructure level.

Discover's historical hesitation made sense from an issuer's perspective, as crypto purchases have attracted higher fraud rates and chargeback disputes than most retail categories. However, the company has now moved forward with its integration, suggesting that new ownership is willing to treat digital assets as a standard merchant category rather than a problem category.

The addition of Discover Network cards brings the number of card networks supported by MoonPay to three, alongside Visa and Mastercard. This development is significant, particularly for US consumers who have been unable to use their Discover cards for crypto purchases until now.