MoonPay Integrates Discover Network for Crypto Purchases and Sales

MoonPay, a leading crypto payments firm, has expanded its payment options in the US by adding support for Discover Network cards. This move makes Discover the third major card network accepted by MoonPay, following Visa and Mastercard.

The change opens up more ways for users to buy and sell cryptocurrencies using their existing payment methods. Users can now use Discover Network cards alongside other supported payment methods such as Apple Pay, Google Pay, PayPal, and Venmo.

Richard Harrison, who leads banking and payments partnerships at MoonPay, explained that each new payment method helps close a gap at checkout: 'Every payment method we add removes a reason someone doesn't convert at checkout.'

MoonPay has been actively expanding its offerings in recent years. It started in 2019 and now serves over 30 million customers worldwide.