Moonpay adds one-click crypto payments for revolut users in the UK and the EU markets
The MoonPay crypto payment platform announced that it has connected with Revolut Pay, which enables users to buy digital assets with a single click from their accounts from Europe.The most valuable startup.
The option aims to simplify transactions for customers from Great Britain and Europe that rely on neobanking apps such as for daily purchasing. By enabling revolute users to confirm crypto purchases with a biometric ID or a pass code, some of the frequent friction points for crypto buyers are eliminated, in particular maps and delays in the identity examination that can disturb the transactions.
Revolut Payintroduced as a payment function directly from the account for online checkout, has integrated fraud protection and immediate transaction processing. Integration is expanded to all over 500 partner platforms from MoonPay, including popular wallets and decentralized apps.
Ivan Soto-Wright, CEO from MoonPay, described the step as a bridge between the traditional financial world and crypto. “The integration of Revolut Pay in Moonpay means that millions of revolut users can now buy cryptocurrencies with the payment method, which they already trust and which they use every day,” he said in a statement.
For end users, this means update faster onboarding processes and more smooth repeated transactions. For the partner platforms of MoonPay, the integration of a common payment method could help reduce dropouts during checkout and to expand the retail base for cryptocurrencies in regulated markets.
The change underlines an increasing trend, since crypto services integrate into the established fintech payment infrastructure with the aim of normalizing the purchase of digital assets for everyday consumers.
