Cryptocurrency platform MoonPay incorporates one-click buying feature with Revolut Pay for seamless digital asset acquisitions.
MoonPay, a leading cryptocurrency payment service provider, has announced integrations with Revolut Pay and Apple Pay, aiming to streamline the process of buying cryptocurrencies and increase adoption among mainstream users.
The integration with Revolut Pay allows users in the UK and European Economic Area (EEA) to purchase cryptocurrencies directly from their Revolut accounts using a one-click checkout process. This partnership eliminates the need for manual entry of card or wallet details for each transaction, making the path from traditional banking to digital assets smoother.
With the integration of Apple Pay, MoonPay users can access a widely used wallet infrastructure known for its security and ease of use. This move reflects a broader industry trend of leveraging established fintech tools to accelerate adoption in the decentralized finance ecosystem.
The integration with Revolut Pay extends to over 500 of MoonPay's partner platforms, including Zengo, Solflare, Uniswap, OpenSea, Bybit, and Sweat Wallet. Once users complete KYC (Know Your Customer) verification with MoonPay, they can use Revolut Pay across these platforms, saving time and effort.
The integration simplifies crypto purchases in several ways. Users select Revolut Pay at checkout on MoonPay’s platform, then authenticate the transaction in their Revolut app using a passcode or biometric ID. Funds move directly from the user’s Revolut account into crypto, bypassing traditional card networks and reducing the risk of card declines or rejections that are common in crypto transactions.
The integration also supports “smart checkout features” for repeat purchases, saving user preferences and further reducing steps for future transactions. This streamlined process is expected to reduce cart abandonment and other payment-related drop-offs, making it easier for users to buy and hold cryptocurrencies.
By facilitating faster and more secure fiat-to-crypto conversions, MoonPay positions itself as a key infrastructure provider for platforms aiming to attract users with minimal onboarding complexity. The integration with Apple Pay and Revolut Pay is a reflection of MoonPay's commitment to unifying the conventional and digital finance worlds.
The continuous rise in demand for user-friendly crypto payment solutions is a factor contributing to the significance of these integrations. The partnership is expected to make crypto purchases more streamlined, especially for users familiar with Revolut's payment interface.
In conclusion, the MoonPay-Revolut Pay integration significantly lowers the barrier to crypto adoption by offering a fast, secure, and familiar payment experience rooted in traditional finance. This innovation exemplifies how fintech can bridge the gap between conventional banking and the digital asset economy, making crypto accessible to a much broader audience.
The integration with Apple Pay further reinforces MoonPay's strategy to utilize established fintech tools for smoother adoption of digital assets in the mainstream finance industry. By leveraging Apple Pay's security features, MoonPay users can securely purchase cryptocurrencies, aligning with the broader trend of fintech integration in the decentralized finance ecosystem.
The partnership between MoonPay and Revolut Pay not only simplifies the process for buying cryptocurrencies but also extends to multiple partner platforms, enabling users to easily onboard and purchase digital assets across various fintech platforms, thus fostering growth in the fintech and technology sectors.
